Wheels Up’s IPO day investors saw share price fall over 80%. Yet, the private jet provider has more members than ever. Does stock price matter for flyers?
What a difference a year makes, particularly for Wheels Up. And what’s ahead for Flexjet and FlyExclusive now that they plan to become publicly traded on the New York Stock Exchange?
Continue reading “Private jet IPOs beg the question: Does stock price matter for customers?”
Wheels Up Experience is consolidating reporting under President Hegde and CMO Applbaum
The wheels are turning at Wheels Up Experience to start 2022 with several executive announcements.
Continue reading “Wheels Up makes executive moves to start 2022”
Despite record revenues, deeper losses have pushed two more analysts to cut target stock price for Wheels Up
Two more analysts cut Wheels Up stock price target following its Q3 earnings call.
Continue reading “Two more analysts downgrade Wheels Up”
Despite higher than expect revenues, after reporting bigger losses, Wheels Up stock price dropped to record lows. For private jet flyers, however, there was much good news
If the stock price is the vote of Wall Street, the third-quarter financial results of Wheels Up with higher losses due to higher expenses despite higher revenues is bad news.
Continue reading “Wheels Up’s Q3 results: What Wall Street dislikes could be good for Main Street”