🔴 Surf Air Mobility Inc. is trading 4.8% down today on a reverse stock split proposal and recent earnings results

Surf Air Mobility Inc. is trading 4.8% down at $1.18 amid lingering reaction to its newly announced reverse stock split proposal and recent earnings results.

• The company reported Q1 2026 revenue of $25.6 million and outperformed its adjusted EBITDA guidance.
• The proposed reverse stock split aims to address NYSE compliance requirements, which appears to be pressuring investor sentiment despite fundamentally better results.