$Exela Technologies, Inc.(XELA)$ $Exela Technologies, Inc.(XELA)$ 2 reason could be why the price is Drop on last 5 minutes.

1. From Fintel source. The rate to Borrow for the stock increased almost 20% currently at 50.46. Short Squeeze Score also increased to 98.42. the short interest on this stock is high, volume is insanely high, more inflow than outflow. More short shares were being bought. And they planned this really well. They did it at the last 5 minutes of the day cuz they knew that once they could bring the price down substantially, then it would create fear and volume of course dried up at the very end of the day ultimately making it difficult to bring the price up.
2. the stock offering is not complete and maybe more shares were thrown in the market.