Jet.AI Shares Soar 79% on Launch of AI Model for Private Jet Booking

Dow Jones

Dec 25, 2024

By Stephen Nakrosis

Shares of Jet.AI booked a 79% gain Tuesday, following news the company launched "Ava," an agentic AI model that books private jets.

At the end of the shortened Christmas Eve trading session, the stock stood at $6.13. Volume topped 34.5 million shares, above the 65-day average volume of 598,549 shares. Trading in the company's stock was temporarily halted during the day due to volatility.

Ava allows customers to call or text and receive information on real-time aircraft availability, pricing, and other services, said the Las Vegas-based software-and-aviation company.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 24, 2024 13:26 ET (18:26 GMT)

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Volume topped 34.5 million shares, above the 65-day average volume of 598,549 shares. Trading in the company's stock was temporarily halted during the day due to volatility. \n\n\n  Ava allows customers to call or text and receive information on real-time aircraft availability, pricing, and other services, said the Las Vegas-based software-and-aviation company. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 24, 2024 13:26 ET (18:26 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}