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home / news releases / XSPA - Why XPresSpa Stock Popped and Then Dropped Today


XSPA - Why XPresSpa Stock Popped and Then Dropped Today

Shares of XPresSpa (NASDAQ: XSPA) were all over the map today as the operator of airport spas-turned COVID-19 testing facilities announced a new contract this morning. Investors initially applauded the news, but the early rally quickly gave way to concerns that there was a warning hidden in the press release.

The stock gained as much as 11% this morning before closing down 8.5%.

Image source: Getty Images.

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Stock Information

Company Name: XpresSpa Group Inc.
Stock Symbol: XSPA
Market: NASDAQ

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