370,726 Wheels Up Experience Inc. $UP Shares Sold by State Street Corp
MarketBeat
State Street Corp significantly reduced its holdings in Wheels Up Experience Inc. by selling 370,726 shares, decreasing its stake by 89.9% in the second quarter. The private aviation company's shares opened at $3.81, near its 52-week low, and reported a quarterly loss of $2.97 per share with $182 million in revenue. Analyst sentiment remains largely negative, with several firms reiterating or downgrading the stock to a "Sell" rating.
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