Why XpresSpa's Stock Is Trading Higher Today

XpresSpa Group, Inc. XSPA shares are trading higher after the company reported better-than-expected sales results.

XpresSpa Group reported first quarter sales results of $8.50 million, which beat the $2.37 million estimate.

XpresSpa is a health and wellness services company, provides spa services at airports. It operates in two segments, XpresSpa and XpresTest.

XpressSpa's stock was trading 8.3% higher at $1.31 per share on Tuesday at the time of publication. The stock has a 52-week high of $8.82 and a 52-week low of $1.03.