Why XPresSpa Stock Popped and Then Dropped Today

Jeremy Bowman, The Motley Fool

August 13, 2020 at 5:05 PM·3 min read

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. This morning, the company announced a planned expansion of its COVID-19 testing facilities into Newark airport, saying it had signed a contract with the Port Authority of New York and New Jersey and that the Newark facility would be up and running in the coming days. This will be the company's second testing location, following the opening of a facility in New York's JFK airport.

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Why XPresSpa Stock Popped and Then Dropped Today

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