Why Exela Technologies Shares Are Rising

Exela Technologies Inc XELA shares are trading higher after the company announced a partnership with CareSource.

Exela will deploy its cloud-based PCH Global platform to help accelerate CareSource's digital transformation journey. Exela says this expansion highlights the company's ability to rapidly implement PCH Global for claims and correspondence submitted by providers, in this case providing quality healthcare coverage for Medicaid consumers from several states across America.

Exela Technologies Inc is a location-agnostic business process automation (BPA) leader combining industry-specific and multi-industry enterprise software and solutions. The company's BPA suite of solutions are deployed in banking, healthcare, insurance and other industries. 

Exela has a 52-week high of $7.82 and a 52-week low of $1.02.