Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why EHang Stock Is Up Big Today

TheMotleyFool 
0 0 12.07.23
Why EHang Stock Is Up Big Today: https://g.foolcdn.com/editorial/images/739518/yellow-flying-taxi-against-the-sky-city-electric-transport-drone-car-with-propellers-clean-air-fast-ride-mixed-media-copy-space-getty.jpg
 

Chinese autonomous aircraft company EHang (NASDAQ: EH) is getting funding from a high-profile Asian entertainment executive. Investors are climbing on board, sending shares of EHang up as much as 28% in Wednesday trading.

EHang is an aerospace company focused on autonomous aerial vehicles, including some big enough to transport passengers around cities. It is one of several so-called "flying taxi" start-ups competing for investor attention, but the company has made progress working toward regulatory certification in China and has been running trials of its passenger craft.

Among those intrigued by the opportunity is Lee Soo Man, a South Korean music producer and founder of media company SM Entertainment.

Continue reading


Source Fool.com

SM Wirtschaftsberatungs AG Stock

€5.95
-


Show more
Like: 0
EH
Share

Comments

Not a member yet? Sign up for free!