Why EHang Stock Is Falling Today

Why EHang Stock Is Falling Today

Shares of EHang Holdings (NASDAQ: EH) traded down as much as 11% on Friday following the Chinese autonomous flying taxi manufacturer's quarterly earnings report. On Friday EHang reported a fourth-quarter loss of $0.07 per share, missing estimates by $0.04, on revenue of $8.4 million. Quarterly revenue was up 6% year over year but fell a little short of expectations.