Previous Close | 36.04 |
Open | 36.00 |
Bid | 34.05 x 800 |
Ask | 34.30 x 2900 |
Day's Range | 28.53 - 36.08 |
52 Week Range | 7.59 - 129.80 |
Volume | 4,004,313 |
Avg. Volume | 5,005,318 |
Market Cap | 1.897B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Shares of EHang Holdings (NASDAQ: EH) fell 30.2% in February, according to data provided by S&P Global Market Intelligence, after a short-seller issued an unfavorable report about the Chinese autonomous flying taxi start-up. The drop was much more dramatic than that 30% figure would suggest, as EHang shares had been up 80% for the month before the report was issued. EHang was among the biggest stock market winners in the first six weeks of 2021, with the stock up more than 450% for the year as of Feb. 15.
The company's defense against allegations by a short-seller are failing to give the stock a boost on Monday.
Investors in flying electric vehicle (aka "air taxi") maker EHang Holdings (NASDAQ: EH) are having an ... exciting week. The adventure began Tuesday, when short-seller Wolfpack Research unleashed a broadside at EHang, accusing the company of being "an elaborate stock promotion" that's signing "sham sales contracts to benefit its investment stock price," and thus not a real business at all. On Wednesday, EHang fired back, accusing Wolfpack of making "numerous errors, unsubstantiated statements, and misinterpretation of information," sparking a rush of investors back into its shares -- but now, the pendulum is swinging back the other way again, and in 11 a.m. EST trading Thursday, EHang stock is down 15%.