XpresSpa's stock soars on record volume after contract with JFK airport for COVID-19 testing sites [MarketWatch]
XpresSpa Group, Inc. (XSPA)
Last xpresspa group, inc. earnings: 11/14 04:05 pm
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Source: MarketWatch
Shares of XpresSpa Group Inc. were vaulted 84% higher toward a 3-month high on record volume Friday, after the airport retailer of spa equipment announced a contract with New York's JFK International Air Terminal LLC (JFKIAT) to provide diagnostic COVID-19 testing locations. Trading volume spiked to 178 million shares, already a one-day record for the stock which went public in July 2010, and enough to make the stock the most actively traded on major U.S. exchanges. The company said before the open that the deal with JFKIAT is for a new modular constructed testing facility within JFK's Terminal 4, which will host new separate testing rooms with a capacity of 500 tests per day. The testing service will be reserved for airline employees, contractors and workers, concessionaires, TSA officers and U.S. Customs and Border Protection agents. The company said it was working with the Port Authority of New York and New Jersey on other testing locations. The stock has now gained 41% year to dat
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