AAM Stock Composite Snaps Rally With 8% Decline
Investors appeared to buy the rumor and sell the news ahead of last week's Paris Air Show.
Credit: Mark Wagner
The AAM Stock Composite declined 8% during the week ending June 23, pausing a rally that saw shares of several air taxi startups notch substantial gains since the beginning of the summer. EHang (-16.5%) saw the largest loss during the week among the handful of publicly traded air taxi OEMs. It was...
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