BUZZ-Vertical Aerospace falls after company files for share offering

Reuters

07/09

BUZZ-<a href="https://laohu8.com/S/EVTL">Vertical Aerospace</a> 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;))

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