Vertical Aerospace is trading at $0.39, down 6.09%, as hotter-than-expected September inflation revived concerns about higher-for-longer interest rates, weighing on growth-oriented shares.
- Vertical has warned about its ability to continue as a going concern, and its shares fell below the NYSE’s $1 minimum-price threshold.
- An October 13 CEO interview discussed these challenges; no new company-specific catalyst was identified for the October 14 decline.