BETA surges after Amazon discloses stake

Beta Technologies

11/02/2026 11:26

** Shares of electric aircraft maker BETA technologies BETA.N rise 15.5% to $19.4 premarket

** On Tuesday, Amazon AMZN.O reported stake of 11.8 million class A common shares in BETA - SEC filing

** Median PT of eight brokerages covering the stock is $38.5 - data compiled by LSEG

** As of last close, shares down 40.6% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))