What's Going On With Exela Technologies Stock?

Exela Technologies, Inc. XELA shares are trading higher Wednesday. The company announced that the company has obtained the highest-level certification from Germany's IT Security authority.

What To Know:

Excela Technologies has obtained the highest-level certification from the Bundesamt für Sicherheit in der Informationstechnik ("BSI"), Germany's IT Security authority. The certification demonstrates due diligence and adherence to German regulations and is significant due to the stringent German data protection laws.

"The TR Resiscan certification, such as that from the BSI, is an additional recognition of our robust security measures, and our drive to prioritize data protection and privacy," noted Vitalie Robu, president of Exela EMEA.

XELA shares have garnered the attention of retail investors, and the stock is currently one of the top trending tickers on StockTwits.

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XELA Price Action: According to Benzinga Pro, XELA shares are trading 5.98% higher at $5.85 at the time of publication.

Image: ChristophMeinersmann from Pixabay