Streetbeat News

Wheels Up Experience Inc.

https://www.wheelsup.com

Industry

Airlines, Airports & Air Services

Wheels Up Experience Inc. provides private aviation services primarily in the United States. The company offers a suite of products and services, which include multi-tiered membership programs, on-demand flights across various private aircraft cabin categories, aircraft management, retail and wholesale charter, whole aircraft acquisitions and sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel. It operates a fleet of approximately 1,500 aircraft. The company was founded in 2013 and is headquartered in New York, New York.

Open

2.04

Mkt cap

1.4B

Volume

1.6M

High

2.04

P/E Ratio

0.24

52-wk high

6.08

Low

1.92

Div yield

N/A

52-wk low

1.40

The article lists the stocks that gained and lost the most in Wednesday's trading session. Among the gainers, Tango Therapeutics, Decibel Therapeutics, and Benitec Biopharma saw significant increases due to recent positive financial results and acquisition news. Among the losers, Palisade Bio, Tigo Energy, and Nxu saw significant decreases due to disappointing financial results and negative news.

Portfolio Pulse from Lisa Levin

August 09, 2023 | 7:17 pm

Several industrial stocks experienced significant movement during Wednesday's intraday session. Array Technologies, Axon Enterprise, Blink Charging, Earlyworks Co, Cadre Hldgs, and HNI saw gains, with Q2 earnings reports contributing to the rise for most. Conversely, Wheels Up Experience, Tigo Energy, Nxu, AerSale, FTC Solar, and FiscalNote Holdings experienced losses, with Q2 earnings reports also playing a role.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 5:31 pm

During Wednesday's pre-market session, several industrials stocks experienced significant movement. Array Technologies (ARRY), Axon Enterprise (AXON), ADS-TEC Energy (ADSE), Rocket Lab USA (RKLB), Wheels Up Experience (UP), and Momentus (MNTS) saw their shares rise, with ARRY leading the gainers with a 19.2% increase. On the other hand, Tigo Energy (TYGO), Nxu (NXU), FTC Solar (FTCI), AerSale (ASLE), Sunworks (SUNW), and Gates Industrial Corp (GTES) saw their shares decline, with TYGO leading the losers with a 41.3% decrease.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 1:06 pm

LivePerson (LPSN) reported Q2 EPS of $0.12, beating the estimate of $(0.38), and sales of $97.52M, beating the estimate of $96.85M. PENN Entertainment (PENN) reported Q2 EPS of $0.48, beating the estimate of $0.42, with sales of $1.67B in line with estimates. Wheels Up (UP) is pursuing strategic options.

Portfolio Pulse from ryanfaloona@benzinga.com

August 09, 2023 | 12:37 pm

Wheels Up Experience Inc. (NYSE:UP) is in discussions for strategic business partnerships and has received a short-term capital infusion from Delta Air Lines. The company has also entered into a non-binding letter of intent with Airshare to acquire Wheels Up's non-core aircraft management business. The company has postponed its earnings communications and cancelled the call for today.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 11:41 am

Wheels Up has announced that Delta Airlines has provided a short-term capital infusion to the company. The exact amount of the infusion was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:40 am

The article reports on the movement of 12 industrial stocks in Friday's pre-market session. Guardforce AI Co, 1847 Holdings, Lightning eMotors, Pineapple Energy, Proterra, and CBAK Energy Tech saw their shares rise, while Alta Equipment Group, Recruiter.Com Group, Redwire, Wheels Up Experience, Knightscope, and Ocean Power Techs saw their shares fall.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 1:05 pm

During Wednesday's intraday session, several industrials stocks experienced significant movements. Gainers included Wheels Up Experience (UP), Hydrofarm Holdings Group (HYFM), Proterra (PTRA), Nuvve Holding (NVVE), TD Hldgs (GLG), and Momentus (MNTS). Losers included Joby Aviation (JOBY), Aqua Metals (AQMS), Archer Aviation (ACHR), Shengfeng Development (SFWL), View (VIEW), and FiscalNote Holdings (NOTE).

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 5:31 pm

Four industrials stocks, C3is Inc. (CISS), Micromobility.com Inc. (MCOM), SOS Limited (SOS), and Wheels Up Experience Inc. (UP), are considered oversold with their RSI values below 30, indicating potential for growth in Q3. Recent developments include C3is's acquisition of an Aframax Tanker, Micromobility's permit renewal in Palermo, SOS Limited's FY22 revenue report, and Wheels Up's licensing rights acquisition by Portside.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 11:47 am

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