Shares in Vertical Aerospace have slumped by around 35% since the company disclosed a flight test accident earlier this month.
Credit: Vertical Aerospace
The AAM Stock Composite slid by around 12% during the week ended Aug. 18, dragged down by generally weak trading across equity markets. All six publicly traded air-taxi startup companies lost ground. The biggest loser was Vertical Aerospace, which declined by 20.1% to settle at $1.23, continuing a...
Subscription Required
Market Selloff Drags Down AAM Stock Composite is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.
Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.