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UP / Wheels Up Experience Inc. (UP) Loses -22.32% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Wheels Up Experience Inc. (UP) Loses -22.32% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Wheels Up Experience Inc. (UP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. Read More
Posted: Mar 17 2023, 10:44
Author Name: Zacks Investment Research
Views: 110514

UP News  

Wheels Up Creates SMB Private Jet Membership in Bid for Recurring Revenue

By PYMNTS
October 31, 2023

Wheels Up Creates SMB Private Jet Membership in Bid for Recurring Revenue

As more businesses take on a monthly subscription model to offer their services, even private jets are getting the membership treatment, with Wheels U more_horizontal

Wheels Up Gets Mulligan With Eleventh Hour Funding

By Forbes
August 16, 2023

Wheels Up Gets Mulligan With Eleventh Hour Funding

As cash burn continued and concerns escalated on Wheels Up's ability to continue as a going concern, shareholder Delta Air Lines and its investing aff more_horizontal

Wheels Up offers 95% of its stock to lenders for $500 million lifeline

By Fox Business
August 15, 2023

Wheels Up offers 95% of its stock to lenders for $500 million lifeline

Wheels Up Experience, a company that charters private jets, announced a deal to give up nearly all of its stock to a trio of lending partners in excha more_horizontal

Wheels Up Experience Avoids Bankruptcy At The Price Of Massive Dilution: Sell

By Seeking Alpha
August 15, 2023

Wheels Up Experience Avoids Bankruptcy At The Price Of Massive Dilution: Sell

Ailing private aviation services provider Wheels Up Experience avoids bankruptcy at the price of massive dilution for existing equity holders. Strateg more_horizontal

Wheels Up Left With Few Options To Fly Out Of Financial Turbulence

By Forbes
August 10, 2023

Wheels Up Left With Few Options To Fly Out Of Financial Turbulence

Without ever making a profit, private aircraft travel company Wheels Up (WUP) now warns of substantial doubt about its ability to continue operations more_horizontal

Wheels Up to Present at Jefferies Virtual Business Aviation Summit

By PRNewsWire
June 5, 2023

Wheels Up to Present at Jefferies Virtual Business Aviation Summit

NEW YORK , June 5, 2023 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP), the leading brand in private aviation, today announced that Todd Smith, more_horizontal

VistaJet Shares Similarities With Struggling Wheels Up In Private Air Charter

By Forbes
May 17, 2023

VistaJet Shares Similarities With Struggling Wheels Up In Private Air Charter

Wheels Up is not the only private aircraft charter company that has had consecutive losses over the years, as revelations of VistaJet Global finances more_horizontal

Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms

By CNBC
May 9, 2023

Wheels Up founder abruptly steps down as losses mount, potential bankruptcy looms

Like many private jet startups, Wheels Up was dogged by high costs and operating issues. more_horizontal


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