shares of exela technologies tumbled in their first day of trading after the company effected a reverse stock split the companys stock was down 42 to 290 per share at 149 pm et shares were trading as low as 262 each and for as much as 450 earlier in the session on friday the global business process automation company said it was effecting a 1for200 reverse stock split following the reverse split exela tech had about 64 million shares of common stock issued and outstanding the company said