Will The Rally Continue? XpresSpa Group, Inc (NASDAQ:XSPA) Announces New Launch

XpresSpa Group, Inc (NASDAQ:XSPA) continues to gain momentum on Tuesday. The stock has been in a nice uptrend over the past few weeks with a gain of over 40% in the past 3 weeks.

XpresSpa Group Announces the Launch of treatcare.com, Phase One of New Travel, Health and Wellness Lifestyle Brand

  • announced the launch of Treat™, a new travel brand that provides access to integrated care services that can seamlessly fit into a health and wellness lifestyle. Empowering travelers to take a health-first approach to the journey ahead, Treat will act as a wellness concierge, providing medical care and wellness services to consumers as they return to travel.
  • Treat’s mobile app, launching later this summer, will provide access to on-demand virtual care, including chat care, video care and a “travel wallet” with access to a person’s medical records and test results.
  • Treat in-airport Wellness Centers will offer services such as COVID-19 testing, travel vaccines, anxiety care, emergency prescriptions, vitamin IV therapies, as well as virtual wellness coaching, yoga and mindfulness sessions.
  • Treat Wellness Centers will include a highly curated assortment of premium health and wellness travel items in their retail collection, with an expanded collection of the brands and products on the Treat website. The first two locations are expected to open in the late Summer / early Fall.

“We are elated to announce the launch of Treat, our new lifestyle brand designed to accompany travelers wherever in the world they may go. With a focus on life-long wellness, we look forward to providing our members with an unencumbered confidence to travel, thanks to the knowledge that they have constant medical and wellness support at their fingertips,” said Doug Satzman, XpresSpa CEO.

Market Action

As of 11:55, XSPA is trading at $1.40, up 0.71%. So far more than 1.30 million shares have exchanged hands, compared to its average volume of 5.15 million shares.

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