Vertical Aerospace falls after company files for share offering
** U.S.-listed shares of Vertical Aerospace M000.F, EVTL.N fall ~21% to $5.49 in after-hours trading ** Co commences underwritten public offering of $60 million of its ordinary shares ** 4 of 6 brokerages rate the stock "buy" or higher, 1 "hold" and 1 "sell" or lower; their median PT is $13.50 ** YTD, stock has fallen ~45% (Reporting by Utkarsh Shetti in Bengaluru) ((UtkarshUmesh.Shetti@thomsonreuters.com;))
Recent news on Vertical Aerospace
See all newsBrief: Vertical Aerospace Ltd. Company Will Report Its Financial Results Semi-Annually And Annually Instead Of On A Quarterly Basis.
Brief: Vertical Aerospace Strengthens Supplier Network With ANH Structure And Northrop Grumman LITEF
Brief: Vertical Aerospace Unit Filed Patent Infringement Counterclaim Against Archer Aviation
Vertical Aerospace hires Jefferies to review strategic options
Air taxi maker Vertical taps former Airbus executive Fabrice Bregier as chair (updated)