Streetbeat News

SRFM

Surf Air Mobility Inc.

https://www.surfair.com

Industry

Airlines, Airports & Air Services

Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. It offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties; and air cargo services. The company is headquartered in Hawthorne, California.

Open

1.80

Mkt cap

30M

Volume

57K

High

1.93

P/E Ratio

-0.12

52-wk high

11.83

Low

1.79

Div yield

N/A

52-wk low

0.90

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Portfolio Pulse from Avi Kapoor

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In Friday's pre-market session, several industrials stocks showed significant movement. Intuitive Machines (LUNR) led the gainers with a 70.8% increase, while Vicor (VICR) experienced the largest drop among the losers, declining by 14.6%. Other notable movers included ESS Tech (GWH), Multi Ways Holdings (MWG), and Energous (WATT) with substantial gains, and Energy Focus (EFOI) and Erayak Power Solution Gr (RAYA) with notable losses.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 1:06 pm

In Wednesday's pre-market session, several industrials stocks showed significant movement. VCI Global, Energy Focus, and Intuitive Machines were among the top gainers, with increases of 83.0%, 43.41%, and 28.29% respectively. On the losing side, Vertiv Holdings, Staffing 360 Solutions, and Roma Green Finance saw declines of 11.3%, 10.37%, and 7.86%. Notably, Vertiv Holdings and Alight released their Q4 earnings today, while Enovix did so yesterday.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 1:06 pm

Surf Air Mobility (SRFM) and Electra have announced a bilateral agreement to bring Electra's eSTOL aircraft to market, incorporate Surf Air technology into joint systems, and create a leasing partnership. This agreement secures Surf Air preferred delivery positions for 90 of Electra's eSTOL aircraft. The partnership aims to enable new air operators to expand access to regional transportation and includes collaboration on fleet-wide data analytics services. Electra's eSTOL aircraft will join Surf Air's platform as the third green vehicle, alongside the electric Grand Caravan and Regent's electric seaglider.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:41 pm

In Wednesday's pre-market session, notable movements were observed in the industrials stocks sector. Twin Disc, Northann, AZEK Co, Advent Technologies Holdings, Shengfeng Development, and FREYR Battery were among the gainers, with Twin Disc leading with a 12.7% increase following its Q2 earnings report. On the downside, Triumph Group, Mercury Systems, Dragonfly Energy Holdings, Surf Air Mobility, Pangaea Logistics Solutions, and Mesa Air Group experienced declines, with Triumph Group dropping 20.3% after its Q3 earnings release.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 1:06 pm

In Wednesday's pre-market session, several industrial stocks showed significant movement. NeoVolta, Powell Industries, Agrify, Surf Air Mobility, Plug Power, and Sidus Space were among the gainers, with NeoVolta leading at a 34.5% increase. Conversely, Nuvve Holding, American Superconductor, Polar Power, Ault Alliance, Robert Half, and Rockwell Automation experienced declines, with Nuvve Holding dropping the most at 31.1%. Notably, Powell Industries, Robert Half, and Rockwell Automation had recent earnings reports that may have influenced their stock movements.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 1:05 pm

During Tuesday's intraday session, several industrial stocks experienced significant movements. Nuvve Holding (NVVE) saw a substantial increase of 83.4%, while Sidus Space (SIDU) faced a sharp decline of 43.0%. Other notable gainers included Agrify (AGFY), C3is (CISS), Intuitive Machines (LUNR), Surf Air Mobility (SRFM), and Swvl Hldgs (SWVL). Conversely, Richtech Robotics (RR), EHang Holdings (EH), AgEagle Aerial Sys (UAVS), and View (VIEW) were among the losers.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:31 pm

In Friday's after-market session, several industrial stocks experienced movement. Swvl Holdings (SWVL) saw a 4.8% increase, while Surf Air Mobility (SRFM) rose by 4.54%. Mesa Air Group (MESA) and Hyliion Holdings (HYLN) also gained, with increases of 4.05% and 3.69% respectively. Babcock & Wilcox (BW) and Singularity Future Tech (SGLY) shares went up by 3.62% and 3.14%. Conversely, Getaround (GETR) dropped by 3.6%, Ault Alliance (AULT) by 3.21%, Richtech Robotics (RR) by 2.89%, 374Water (SCWO) by 2.44%, Marti Technologies (MRT) by 2.12%, and Azul (AZUL) by 1.96%.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 9:31 pm

In Thursday's after-market session, several industrial stocks experienced movement. Knightscope (KSCP) and Ideanomics (IDEX) were among the gainers, with KSCP rising 5.0% and IDEX up by 4.73%. American Rebel Holdings (AREB), Exela Technologies (XELA), Nauticus Robotics (KITT), and Tritium DCFC (DCFC) also saw gains. Conversely, Surf Air Mobility (SRFM), Bitcoin Depot (BTM), Hydrofarm Holdings Group (HYFM), Safe & Green Holdings (SGBX), Shimmick (SHIM), and Tecnoglass (TGLS) were among the losers, with SRFM leading the decline at 4.5%.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 9:31 pm

Surf Air Mobility Inc. (NYSE:SRFM) has entered into an agreement with Williamsport, Pennsylvania to launch a subsidized commuter air service between Williamsport Regional Airport and Washington Dulles International Airport, starting May 2024. The service will be operated by Southern Airways Express, a subsidiary of Surf Air Mobility, and aims to provide easier and more affordable connections for the local community. The agreement follows a similar one with Purdue University and is part of Surf Air's strategy to enhance regional connectivity through partnerships.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:51 pm

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