Why EHang Holdings Stock Plummeted in February

Why EHang Holdings Stock Plummeted in February
Lou Whiteman, The Motley Fool
·2 min read

Shares of EHang Holdings (NASDAQ: EH) fell 30.2% in February, according to data provided by S&P Global Market Intelligence, after a short-seller issued an unfavorable report about the Chinese autonomous flying taxi start-up. The drop was much more dramatic than that 30% figure would suggest, as EHang shares had been up 80% for the month before the report was issued. EHang was among the biggest stock market winners in the first six weeks of 2021, with the stock up more than 450% for the year as of Feb. 15.