UP

Wheels Up Experience Inc. (UP) stock experienced significant events and volatility in the past six months (April 2026 - October 2026). On April 27, 2026, the common stock began trading on a reverse split-adjusted basis following a 1-for-20 reverse stock split effective April 24, 2026, aimed at aligning outstanding shares with peers and regaining NYSE compliance. Prior to the split, the stock had declined nearly 69% over six months. In May 2026, Wheels Up reported Q1 GAAP Revenue of $168.9 million, a 5% decrease year-over-year, though private jet flight revenue stabilized with strong growth in Phenom and Challenger offerings. The company secured new financing commitments from a Delta-led investor group and AIP Capital for fleet investment and multi-year business growth, and completed its fleet modernization 18 months early, retiring Citation X and Hawker 400XP aircraft, with Phenom and Challenger jets now comprising 100% of its controlled jet fleet. August 2026 news included a Chief Sales Officer transition and a partnership with Fraser Yachts for private jet-to-yacht luxury experiences. Investor alerts from law firms investigating claims on behalf of Wheels Up investors were issued in July and August 2026. As of October 5, 2026, the share price was $3.43, a 91.79% decline from $41.80 on October 6, 2025. The stock decreased by 70.0% from $12.7960 at the beginning of 2026 to $3.8450 as of October 10, 2026.