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Guardforce AI (GFAI) +46% is expanding it footprint by establishing subsidiaries in Dubai and Australia. IGM Biosciences (IGMS) +32% on proposed stock offering. Hycroft Mining Holding (HYMC) +23% GameStop, AMC and Bed Bath pull off a meme stock comeback. Nielsen Holdi...
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, ...
Vertical Aerospace (NYSE:EVTL) announced that Avolon has exceeded its whole 500 unit pre-order of Vertical’s VX4 electric aircraft within nine months. Avolon, the world’s second largest aircraft lessor, pre-ordered 500 VX4s in June 2021, and as of today has placed all of these u...
Avolon exceeds its placement of 500 VX4s within nine months Demonstrates significant market demand for Vertical’s technology and approach to building and certifying its electric aircraft VX4 pre-orders achieve global reach with Turkey joining US, UK, Japan, Br...
Lilium (NASDAQ:LILM), an electric vertical takeoff and landing company, dropped 25% amid an Iceberg Research new short report. Iceberg Research expresses doubts about Lilium's claims that its vehicle can fly 155 miles and the report estimates the company has about 18 months before t...
AirAsia leases a minimum of 100 of Vertical Aerospace’s VX4 from Avolon AirAsia joins Japan’s JAL and Brazil’s Gol in agreeing leases for the VX4 with Avolon Further extends Vertical’s global reach for its electric aircraft, into Southeast Asia, wit...
Seth Klarman’s 13F portfolio value decreased from $10.88B to $10.13B this quarter. Baupost Group added Fiserv while dropping eBay and International Flavors & Fragrances. The portfolio continues to be heavily concentrated with the top three positions accounting for ~35% ...
BMO Capital Markets turned a spotlight on the burgeoning eVTOL (electric vertical take-off and landing) industry and called it one of the newest innovations in the aerospace industry, with manufacturers having raised nearly $6B in capital through special purpose acquisition vehicles. Analysts...
Vertical and Leonardo to collaborate on the development of the fuselage for Vertical’s VX4 electric aircraft Leonardo is lending its expertise, honed on numerous civil and defence aerospace programs, to Vertical’s aircraft The collaboration is for an in...
Slattery brings deep aviation and capital markets expertise to Vertical Aerospace Board Vertical Aerospace (“Vertical”) (NYSE: EVTL), a global aerospace and technology company that is pioneering zero emissions aviation, announces the appointment of aviation ind...
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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 ...
2024-07-23 07:00:07 ET Edison Yu from Deutsche Bank issued a price target of $1.50 for EVTL on 2024-07-23 05:52:00. The adjusted price target was set to $1.50. At the time of the announcement, EVTL was trading at $0.8899. The overall price target consensus is at $3.83 wi...