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Few emerging industries seem more inspired by science fiction than battery-powered personal aircraft. So perhaps it is no surprise that in a market where investors are fleeing from pre-revenue, speculative investments, so-called "flying car" stocks have taken it on the chin. In August, ...
Seth Klarman’s 13F portfolio value decreased from $9.30B to $6.77B this quarter. Baupost Group added Warner Bros. Discovery and Amazon while reducing Alphabet, Intel Corp., Nexstar Media, and Verint Systems. The portfolio continues to be heavily concentrated with the top th...
Archer Aviation Inc. ( NYSE: ACHR ) announced a $10M pre-delivery payment from United Airlines ( NASDAQ: UAL ) for 100 electric vertical take-off and landing (eVTOL) aircraft. The deposit follows a purchase agreement inked in 2021 and adds to visible interest...
Vertical Aerospace press release ( NYSE: EVTL ): 1H net operating loss of £39m for the six months ended June 30, 2022, compared to a net loss of £22m for the six months ended June 30, 2021. As of June 30, 2022, Vertical had cash and cash equivalents of £158m...
Company Issues Shareholder Letter Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the six months ended June 30, 2022....
Global electric car sales for June 2022 - Up 54% YoY reaching 16% share. China sales up 132% YoY to 28% share. Europe sales down 8% YoY to 21% share. EV market news - US crosses the electric-car tipping point for mass adoption. Reconciliation Bill has $369 billion to fight climate cha...
Vertical Aerospace has soared this last month after a couple of new deals for their eVTOL aircraft. The former SPAC has an impressive order book for 1,500 aircraft valued at $5.6 billion, though most orders are conditional. The stock is too hot having doubled off the lows, but Ver...
Enveric Biosciences ( ENVB ) -20% announces $8M registered direct offering and private placement, priced at a premium to market under Nasdaq rules. Squarespace ( SQSP ) -13% on Q2 results. Baosheng Media Group Holdings ( BAOS ) -12% . Addex ...
Gainers: 1Life Healthcare ( ONEM ) +69% . Tabula Rasa HealthCare ( TRHC ) +52% . Vertical Aerospace ( EVTL ) +41% . Moon Lake Immuno therapeutics ( MLTX ) +32% . Altice USA ( ATUS ) +26% . Kaltura ( KLTR ) +22% . ...
Electric plane start-up Vertical Aerospace (NYSE: EVTL) is reportedly nearing an important development milestone, the first flight of its VX4 aircraft. The stock is airborne as a result, rising as much as 17% in Wednesday trading. Vertical Aerospace is one of a number of so-call...
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Vertical’s latest VX4 prototype has performed its first tethered piloted flight. “Wheels up” phase of flight test programme follows the UK Civil Aviation Authority issuing a Permit to Fly. Moment marks the latest development in Vertical’s journey toward...
2024-07-23 14:00:06 ET Edison Yu from Vertical Research issued a price target of $1.50 for EVTL on 2024-07-23 11:59:00. The adjusted price target was set to $1.50. At the time of the announcement, EVTL was trading at $0.93. The overall price target consensus is at $2.67 ...