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XTI Aerospace Plunges 12.7% After Reverse Stock Split
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jun 13, 2025 4:48 am ET1min read
XTI Aerospace, Inc. (XTIA) experienced a significant drop of 12.7% in pre-market trading on June 13, 2025, following a 1 for 250 reverse stock split. This corporate action means that shareholders now hold one share of XTIA for every 250 shares they previously held.
XTI Aerospace recently completed over 1,500 complex computational fluid dynamics simulations for its TriFan 600 xVTOL aircraft. This achievement was made possible through a partnership with Oak Ridge National Laboratory's
supercomputer, aiming to optimize performance and safety ahead of formal wind tunnel testing for FAA certification. This development underscores the company's commitment to technological advancement and regulatory compliance, which could be a positive factor for long-term investors.
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