Charter & Fractional
Wheels Up Stock Nose Down
Wheels Up stock is now unmistakably nose-down, trading at $1.06 per share on October 11.

The trajectory of Wheels Up after the company went public in July 2021 via a special purpose acquisition company (SPAC) paints a cautionary tale. Initially valued at up to $2.7 billion and $11.80 per share, Wheels Up stock is now unmistakably nose-down, trading at $1.06 per share on October 11, a price that gives the company a market capitalization valuation of just $259 million. Concurrently, the company’s earnings per share (EPS) over the last 12 months is a negative $1.30. 


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