Wheels Up Experience Inc. shares rise 8.33% premarket after Can-Am launches new generation Traxter and Defender side-by-sides.

Wheels Up Experience Inc. rose 8.33% in premarket trading. The company's stock price increase is likely due to the recent news events related to BRP Inc., which is a competitor in the recreational vehicle market. BRP Inc. has launched new generation models for its Can-Am Traxter and Defender side-by-side vehicles, as well as new all-terrain vehicles (ATV) and side-by-side vehicles (SSV) for 2026. These innovations and product launches may have positively impacted the stock price of Wheels Up Experience Inc. as investors anticipate increased competition and potential market growth in the recreational vehicle industry.