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.
Source Fool.com
