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. The stock has recovered somewhat from those lows, but still remains down on the day.
EHang has a number of products under development, but most of the attention is on its EH216 flagship autonomous aerial vehicle. The company envisions fleets of its flying taxis shuttling passengers in the years to come.
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Source Fool.com
