39.07
price up icon0.62%   0.24
after-market After Hours: 39.21 0.14 +0.36%
loading

Why is Exlservice Holdings Inc (EXLS) Stock down?

We've noticed a 7.32% decline in Exlservice Holdings Inc (EXLS) stock during the 2024-08-01 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
02 Aug, 2023:

ExlService (EXLS) stock dropped more than 80% at the open today. However, this drop is not a reaction to recent results or any negative event but rather a consequence of the stock's significant rise in the past. Management believes the stock is overvalued, and they are taking action to lower its price, but this change is related to nominal prices, not actual value. So, there is no need to be overly concerned about the overall health of the company.

https://www.dhakatribune.com/financial-markets/321424/exlservice-nasdaq-exls-stock-will-drop-80%25-at

information_technology_services GIB
$115.77
price up icon 1.15%
information_technology_services CDW
$225.70
price up icon 0.93%
information_technology_services WIT
$6.42
price up icon 0.78%
$76.80
price up icon 0.88%
information_technology_services IT
$520.68
price up icon 1.37%
information_technology_services FIS
$86.37
price up icon 0.54%
Cap:     |  Volume (24h):