AAM Stock Composite Snaps Rally With 8% Decline

Investors appeared to buy the rumor and sell the news ahead of last week's Paris Air Show.

Credit: Mark Wagner
The AAM Stock Composite declined 8% during the week ending June 23, pausing a rally that saw shares of several air taxi startups notch substantial gains since the beginning of the summer. EHang (-16.5%) saw the largest loss during the week among the handful of publicly traded air taxi OEMs. It was...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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