🔴 Surf Air Mobility is trading 5% down as Nasdaq and S&P 500 also fall

Surf Air Mobility is trading at $0.89, down 5.11%, amid broader market weakness; no direct link to the stock’s decline has been reported.

• The Nasdaq is off 1.32% and the S&P 500 is down 0.58%.
• The Flying Zebra OperatorOS agreement was Surf Air Mobility’s fifth commercial software contract and helped shares rise 12.06% on October 15; it does not explain the current decline.