Streetbeat News

FLYX

flyExclusive, Inc.

https://www.flyexclusive.com

Industry

Airlines, Airports & Air Services

flyExclusive, Inc. owns and operates private jets worldwide. The company also offers jet charter services; ownership and leaseback programs for aircraft buyers; and aircraft maintenance, repair, interior, and paint services. In addition, it provides jet cards. The company is headquartered in Kinston, North Carolina. flyExclusive, Inc.operates as a subsidiary of LGM Enterprises, LLC.

Open

2.24

Mkt cap

173M

Volume

69K

High

2.25

P/E Ratio

-3.00

52-wk high

24.21

Low

2.13

Div yield

N/A

52-wk low

1.79

flyExclusive reported a Q1 EPS of -$0.35 and a revenue increase of 3.8% to $79.97 million.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 9:30 pm

flyExclusive has announced a $25 million preferred equity investment through a securities purchase agreement with EnTrust Global and EG Sponsor LLC. The investment involves the purchase of 25,510 shares of Series B Convertible Preferred Stock at $1,000 per share.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 9:24 pm

flyExclusive, Inc. (NYSEAMERICAN: FLYX) has announced the promotion of Matt Lesmeister to Chief Financial Officer, effective June 25, 2024. Additionally, Zach Nichols has been promoted to Chief Accounting Officer.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 8:08 pm

SentinelOne shares dropped 16% after reporting mixed Q1 results, with a significant earnings miss but a slight revenue beat. Other notable stock movements include gains for Novo Integrated Sciences, Latam Logistic Properties, and Digital Health Acquisition Corp, and losses for Smart for Life, Sify Technologies, and MongoDB.

Portfolio Pulse from Avi Kapoor

May 31, 2024 | 5:17 pm

Ambarella, Inc. (NASDAQ:AMBA) posted strong first-quarter earnings and upbeat second-quarter guidance, leading to a 23% rise in its stock price. Other notable gainers include Latam Logistic Properties, The Gap, AC Immune, Larimar Therapeutics, DoubleDown Interactive, American Superconductor, PENN Entertainment, PagerDuty, V.F. Corporation, Elastic, Zscaler, flyExclusive, United States Cellular, Telephone and Data Systems, Janux Therapeutics, Nordstrom, Elevance Health, Asana, and The Cooper Companies.

Portfolio Pulse from Avi Kapoor

May 31, 2024 | 2:40 pm

The article highlights the performance of various industrial stocks during Thursday's after-market session. Momentus, Nauticus Robotics, Multi Ways Holdings, Li-Cycle Holdings, flyExclusive, and Nuburu saw gains, while JE Cleantech Holdings, Nocera, BioNexus Gene Lab, Marti Technologies, Masco, and Zoomcar Holdings experienced declines.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 8:31 pm

Shares of American Eagle Outfitters (NYSE:AEO) fell 4.5% after reporting first-quarter earnings that missed analyst estimates. Other notable stock movements include Cue Health (NASDAQ:HLTH) jumping 100.7% after filing for Chapter 7 bankruptcy, and Smart for Life (NASDAQ:SMFL) rising 57% following a restructuring program. Faraday Future (NASDAQ:FFIE) rose 51% despite poor fiscal year results and Nasdaq filing issues. Foot Locker (NYSE:FL) gained 25.9% after beating first-quarter earnings, while Salesforce (NYSE:CRM) fell 20.1% due to weak guidance despite upbeat earnings.

Portfolio Pulse from Avi Kapoor

May 30, 2024 | 5:48 pm

The article highlights the intraday movements of various industrial stocks on Thursday. JE Cleantech Holdings, Momentus, American Superconductor, AERWINS Technologies, Nano Nuclear Energy, and Forward Air saw significant gains, while flyExclusive, Pineapple Energy, Nauticus Robotics, Sky Harbour Group, Globavend Holdings, and Getaround experienced notable declines.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:32 pm

The article highlights the intraday movements of 12 industrial stocks on Wednesday. Notable gainers include Nuburu (AMEX:BURU), Nano Nuclear Energy (NASDAQ:NNE), and flyExclusive (AMEX:FLYX). Significant losers include Montana Technologies (NASDAQ:AIRJ), AERWINS Technologies (NASDAQ:AWIN), and American Airlines Group (NASDAQ:AAL).

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 4:31 pm

FlyExclusive shares are trading higher after the company received a notice from the NYSE.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 2:56 pm

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