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XWELL ( (XWEL) ) has issued an update.
On March 13, 2025, XWELL, Inc. announced a strategic investment plan to acquire select medical spas by the end of 2025, using a $4 million private placement to expand into the wellness and beauty sector. This move aims to position XWELL as a leader in the rapidly growing market by offering advanced, personalized wellness treatments in metropolitan areas like Orlando, Austin, and Salt Lake City, thereby enhancing its brand presence and catering to the rising demand for non-invasive, results-driven beauty and wellness services.
More about XWELL
XWELL, Inc. is a leading global wellness holding company that operates multiple brands, including Xpres Spa, Naples Wax Center, XpresCheck, and HyperPointe. The company focuses on providing wellness services and products, upscale skincare, biosurveillance monitoring, and digital healthcare solutions.
YTD Price Performance: -41.94%
Average Trading Volume: 103,420
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.75M
See more insights into XWEL stock on TipRanks’ Stock Analysis page.