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Express News | Shares of Companies Within the Broader Tech Sector Are Trading Lower Amid Recession Worries Due to Uncertainty Regarding Tariffs and Trade Policy. President Trump Said There Is a "Period of Transition." Economic Uncertainty Could Drive a Rotation Out...
XTI Aerospace Completes Downwash Study
Express News | Xti Aerospace Provides Downwash Study Update
Hangar X Studios to Attend Verticon 2025 Conference and Host Live Podcast
Express News | Xti Aerospace Appoints Len Urbas as Senior Vice President of Corporate Development
Press Release: XTI Aerospace Appoints Len Urbas as Senior Vice President of Corporate Development
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ParallaxKc : I'm cutting my losses with this stock. I don't think the issue is primarily due to shorts, but rather their lack of promising performance. All they have now is still proof of concept, AI videos, and a broadcast that isn't helping their case. Additionally, they keep doing reverse splits, and if you check their history, you'll notice they've historically been unable to recover after reverse splits.
They also face a lawsuit that's currently in the evidence collection stage, creating uncertainty about their future. Combined with the current bearish macroeconomic environment, this stock is unlikely to gain market interest.
However, I hope they eventually deliver some good news, such as FAA approval, an actual prototype, disclose how many pre-sales orders for the TriFan-600, or resolving their lawsuit. Any of these developments would definitely benefit XTIA, as they've been disappointing so far. Wish you luck.