German flying taxi company Lilium NV's US stock once fell more than 20% in early trading to $0.4601, approaching an intraday low of $0.3701 on May 1, 2023. The company's US IPO in November 2020. Cantor downgraded the company's rating from overallocation to neutral and removed the share price target, referring to liquidity concerns raised by the German government's refusal of a 50 million euro loan.

Zhitongcaijing · 10/18 15:17
German flying taxi company Lilium NV's US stock once fell more than 20% in early trading to $0.4601, approaching an intraday low of $0.3701 on May 1, 2023. The company's US IPO in November 2020. Cantor downgraded the company's rating from overallocation to neutral and removed the share price target, referring to liquidity concerns raised by the German government's refusal of a 50 million euro loan.