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Benzinga
Benzinga
Business
Henry Khederian

DARK SECRETS: What s going on with exela technologies shares getting hammered today - The Real Truth

XELA Exela Technologies Exela Exela Technologies Inc Nasdaq

Exela Technologies Inc (NASDAQ:XELA) shares are trading lower by 27.4% to $0.17, possibly on profit-taking. The company last week announced a new customer win of $136 million in total contract value.

Exela last week said the company’s Exchange for Bills and Payments (XBP), the largest revenue contributor of the $874.2 million ITPS accounting segment for FY 2021, continues to sign new logos including 5 new XBP logos in 2022.

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