Wheels Up Shares Fall on $50M Stock Sale Plans

Dow Jones

08/29

By Nicholas G. Miller

Shares of Wheels Up were lower after the company agreed to sell up to $50 million in shares.

The stock was down 7.7% at $3.04 but is still up 85% so far this year.

The private aviation company said it has agreed to a pact with Bank of America and Jefferies to sell them its stock from time to time at market or negotiated prices for a total of up to $50 million.

Earlier this month, the company posted a second-quarter loss of $82.3 million, or 12 cents a share, compared with a loss of $97 million, or 14 cents a share, the year prior.

Revenue was $189.6 million, down from $196.3 million a year before.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

August 29, 2025 10:59 ET (14:59 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of Wheels Up were lower after the company agreed to sell up to $50 million in shares. \n</p>\n<p>\n  The stock was down 7.7% at $3.04 but is still up 85% so far this year. \n</p>\n<p>\n  The private aviation company said it has agreed to a pact with Bank of America and Jefferies to sell them its stock from time to time at market or negotiated prices for a total of up to $50 million. \n</p>\n<p>\n  Earlier this month, the company posted a second-quarter loss of $82.3 million, or 12 cents a share, compared with a loss of $97 million, or 14 cents a share, the year prior. \n</p>\n<p>\n  Revenue was $189.6 million, down from $196.3 million a year before. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 29, 2025 10:59 ET (14:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UP","symbol_name":"Wheels Up Experience Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2563027811","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563027811","pubTimestamp":1756479540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Wheels Up were lower after the company agreed to sell up to $50 million in shares.The stock was down 7.7% at $3.04 but is still up 85% so far this year.The private aviation company said it has agreed to a pact with Bank of America and Jefferies to sell them its stock from time to time at market or negotiated prices for a total of up to $50 million.Earlier this month, the company posted a second-quarter loss of $82.3 million, or 12 cents a share, compared with a loss of $97 million, or 14 cents a share, the year prior.Revenue was $189.6 million, down from $196.3 million a year before.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UP":"Wheels Up Experience Inc.","BK4008":"航空公司"},"translate_title":"Wheels Up股价因5000万美元股票出售计划而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UP":1},"content_text":"By Nicholas G. Miller \n\n\n \n\n\n  Shares of Wheels Up were lower after the company agreed to sell up to $50 million in shares. \n\n\n  The stock was down 7.7% at $3.04 but is still up 85% so far this year. \n\n\n  The private aviation company said it has agreed to a pact with Bank of America and Jefferies to sell them its stock from time to time at market or negotiated prices for a total of up to $50 million. \n\n\n  Earlier this month, the company posted a second-quarter loss of $82.3 million, or 12 cents a share, compared with a loss of $97 million, or 14 cents a share, the year prior. \n\n\n  Revenue was $189.6 million, down from $196.3 million a year before. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 29, 2025 10:59 ET (14:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}