U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dropping around 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.01% to 33,872.34 while the NASDAQ fell 0.45% to 11,983.04. The S&P 500, also fell, dropping, 0.36% to 4,122.01.
Exela Technologies, Inc. (NASDAQ: XELA) shares surged 45% to $0.0701 after the company announced $51 million of new funding, amendment increases existing securitization facility to $185 million and other related transactions.
Aarons (NYSE:AAN) reported quarterly earnings of $0.09 per share. This is a 85 percent decrease over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $589.60 million