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EVTL - Hot Stocks: FDX CEO transition; LHCG getting bought; EVTL rallies; AVAH drops on earnings

Vertical Aerospace Ltd.
FedEx (NYSE:FDX) took center stage in Tuesday's pre-market trading, as the company's founder announced that he was stepping down from day-to-day control of the package delivery giant. Investors cheered the firm's chosen successor, sending the stock higher in pre-market action. In other news, LHG Group (LHCG) advanced on a deal to be acquired by UnitedHealth (UNH). At the same time, Vertical Aerospace (EVTL) posted a double-digit percentage gain after revealing strong pre-orders for its electric aircraft product. Turning to a notable decliner, Aveanna Healthcare (AVAH) suffered selling pressure before the opening bell. The stock dropped on worse-than-expected quarterly results. Gainers FedEx (FDX) pushed higher in pre-market trading following the announcement of a major leadership transition. The stock rose 2% on the news. The company revealed that founder and long-time CEO Fred Smith would give up his role as chief executive to become executive chairman. Meanwhile, current COO Raj Subramaniam will

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Hot Stocks: FDX CEO transition; LHCG getting bought; EVTL rallies; AVAH drops on earnings
Stock Information
Company Name: Vertical Aerospace Ltd.
Stock Symbol: EVTL
Market: NYSE
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