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...
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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.
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