So why did eHealth stock plunge today? Perhaps the most likely reason is that investors are concerned about the online health insurance provider's churn rate -- a measure of how many customers leave to shop elsewhere.
Full Answer
Why did Ehang Holdings stock fall 62% on Tuesday?
May 03, 2021 · Shareholders of EHang Holdings ( EH -3.87% ) have gone on a wild ride so far in 2021, with the stock up as much as 450% earlier this year. The company has attracted its fair share of fans, and ...
Why did eHealth stock plummet today?
Dec 02, 2021 · This is why it happened. The stock price of EHang Holdings Ltd (NASDAQ: EH) fell by over 13% during intraday trading today. Investors are responding negatively to the company’s third-quarter 2021 financial results. These are the financial results for Q3 2021.
Is Ehang a stock promotion destined to crash and burn?
Feb 16, 2021 · Shares of EHang Holdings ( EH 3.56% ) fell 62.7% on Tuesday after the Chinese "flying car" company was the subject of an unfavorable report from short-seller Wolfpack Research. The report ...
Is this the best quarter for Ehang Holdings Limited shareholders?
Find the latest EHang Holdings Limited (EH) stock quote, history, news and other vital information to help you with your stock trading and investing.
Why did Eh stock go down?
Chinese autonomous flying taxi start-up EHang Holdings (NASDAQ: EH) reported quarterly results overnight, and investors were underwhelmed by what they saw. Shares of EHang traded down more than 12% on Thursday morning after the company reported anemic revenue in the most recent quarter.
Is Eh stock a buy?
Is EHANG HOLDINGS Stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NASDAQ: EH) stock is to Hold EH stock.
Is EHang a good buy?
EHang has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Why is EHang tanking?
So why the sell-off? It is likely because that growth and progress is already priced into the shares. EHang is valued at the market at more than $1.4 billion, despite generating just $27.6 million in revenue in 2020.Apr 16, 2021
Can I buy Ehang stock?
Invest in Ehang Holdings Ltd on Stash , you can buy Ehang Holdings Ltd stock in any dollar amount, or any other fund or stock you know on Stash.
Is NNDM a good investment?
NNDM Stock Forecast According to Wallet Investor, it currently suggests NNDM is a stock worth investing in.Mar 21, 2022
Is EHang profitable?
Gross profit was RMB8. 0 million (US$1.2 million), compared with RMB8. 3 million in the second quarter of 2021. Gross margin was 61.8%, compared with 68.0% in the second quarter of 2021.Dec 2, 2021
The Chinese air taxi company was the target of a scathing short report
Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials.
What happened
Shares of EHang Holdings ( NASDAQ:EH) fell 62.7% on Tuesday after the Chinese "flying car" company was the subject of an unfavorable report from short-seller Wolfpack Research. The report resonated, sending the stock plummeting on nearly eight times the stock's normal daily volume.
So what
EHang is developing an autonomous air taxi, and the company has captured investor interest in recent weeks. The stock was up more than 450% for the year as of earlier this week, but that all changed on Tuesday after Wolfpack put out its report.
Now what
Reports critical of a company, just like reports that are bullish, should not be taken at face value. Some are on target, some are not, and investors should always read past the headlines. In this case, there appears to be enough to Wolfpack's allegations to at least merit caution, which explains the sell-off.
EHang Holdings Limited (EH) Q2 2021 Earnings Call Transcript
As I shared with you in our last quarterly earnings call, EHang has leveled away UAM operation with the aim to become an urban air mobility platform operator, empowered by our autonomous aerial vehicles. To achieve this exciting goal we have made relentless efforts and careful preparations in the past few months.
Why EHang Holdings Stock Is Down Today
Shares of Chinese autonomous air taxi manufacturer EHang Holdings (NASDAQ: EH) fell more than 10% at the open Wednesday following the company's second-quarter earnings report. EHang has a number of products under development, but most of the attention is on its EH216 flagship autonomous aerial vehicle.
EHang Holdings Stock Slips After Q2 Results
View more earnings on EHSee more from BenzingaClick here for options trades from BenzingaL3Harris Expands Satellite Production SiteGoldman Sachs Sees 20% Upside For This Upgraded Industrial Stock© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
EHang Releases Video of Yunfu Production Facility in Operation
GUANGZHOU, China, Aug.
EHang to Report First and Second Quarter 2021 Unaudited Financial Results on Wednesday, August 25, 2021
GUANGZHOU, China, Aug.
Could The EHang Holdings Limited (NASDAQ:EH) Ownership Structure Tell Us Something Useful?
The big shareholder groups in EHang Holdings Limited ( NASDAQ:EH ) have power over the company. Generally speaking, as...
EHang Announces Commencement of Operations in Yunfu Production Facility, and to Host Investor Day on August 18, 2021
EHang Announces Commencement of Operations in Yunfu Production Facility, and to Host Investor Day on August 18, 2021 EHang Yunfu facility GUANGZHOU, China, July 26, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that, as scheduled, it has commenced operations at its new AAV production facility in Yunfu city, China in late June 2021.
EHang Holdings Limited (EH) Q2 2021 Earnings Call Transcript
As I shared with you in our last quarterly earnings call, EHang has leveled away UAM operation with the aim to become an urban air mobility platform operator, empowered by our autonomous aerial vehicles. To achieve this exciting goal we have made relentless efforts and careful preparations in the past few months.
Why EHang Holdings Stock Is Down Today
Shares of Chinese autonomous air taxi manufacturer EHang Holdings (NASDAQ: EH) fell more than 10% at the open Wednesday following the company's second-quarter earnings report. EHang has a number of products under development, but most of the attention is on its EH216 flagship autonomous aerial vehicle.
EHang Holdings Stock Slips After Q2 Results
View more earnings on EHSee more from BenzingaClick here for options trades from BenzingaL3Harris Expands Satellite Production SiteGoldman Sachs Sees 20% Upside For This Upgraded Industrial Stock© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Could The EHang Holdings Limited (NASDAQ:EH) Ownership Structure Tell Us Something Useful?
The big shareholder groups in EHang Holdings Limited ( NASDAQ:EH ) have power over the company. Generally speaking, as...
Why EHang Stock Was Flying Today
Shares of EHang Holdings (NASDAQ: EH) climbed roughly 11.4% on Monday, according to data from S&P Global Market Intelligence. Monday's trading also generally saw very strong performance for growth-dependent technology stocks. The tech-heavy Nasdaq Composite index closed the day up roughly 0.9%, and EHang benefited from the positive market momentum.
Is EHang Holdings Limited (EH) A Good Stock To Buy?
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These 3 EV Companies Are Set to Thrive Over the Long Term
The electric vehicle (EV) revolution has begun, and there is no shortage of stocks to pick from as companies try to establish their credentials building the autos of the future.
It wasn't the online health insurance provider's Q2 results or its full-year guidance
Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries. Follow @keithspeights
What happened
Shares of eHealth ( NASDAQ:EHTH) were crashing 28.9% lower as of 11:31 a.m. on Friday. The company reported its second-quarter results after the market closed on Thursday. Its numbers looked great, though. So why did eHealth stock plunge today?
So what
Investors would be right to worry if eHealth's churn rate is soaring and the company isn't able to address it. Such a trend would indicate significant underlying problems for the business.
Now what
eHealth now must convince investors that its strategy and ability to execute remain strong. In the meantime, it's likely that the healthcare stock will be highly volatile -- just as it has been throughout 2020.
