Lilium (NASDAQ: LILM) stock price has plummeted hard this week as demand for the electric vertical take-off and landing (eVTOL) shares waned. It collapsed to a low of $0.8250, its lowest swing since April 16th.
Lilium N.V. (NASDAQ:LILM ) Q1 2024 Earnings Conference Call June 11, 2024 8:00 AM ET Company Participants Rama Bondada - Global Head of Investor Relations Klaus Roewe - Chief Executive Officer Johan Malmqvist - Chief Financial Officer Sebastien Borel - Co-Founder and Chief Engineer for Innovation Daniel Wiegand - Co-Founder and Chief Executive Officer Conference Call Participants Savanthi Syth - Raymond James Mike Crawford - B.
Lilium announced a large secondary stock sale earlier this month It also said it will soon have revenue from eVTOL sales, news that lifted its share price. Lilium is taking advantage of that stock price rise to sell even more shares.
Lilium N.V. (NASDAQ: LILM) is in focus this morning after announcing a $114 million financing.