Eve Holding, Inc. shares rise 1.97% intraday after Embraer announced a Master of Science in Aeronautical Engineering Program.

Eve Holding, Inc. rose 1.97% during intraday trading. The company's stock price increase may be attributed to the recent news that Embraer, a partner of Eve Holding, Inc., has opened the application period for its Master of Science in Aeronautical Engineering Program. This program, conducted in partnership with the Technological Institute of Aeronautics (ITA), offers a monthly scholarship of R$5,000 to each new master's student, with a 20% increase after 12 months. This news could be seen as a positive development for Embraer, which may have a bullish impact on Eve Holding, Inc.