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FlyExclusive posts quarterly deficit, may need capital raise - Business North Carolina

Summary by Business North Carolina
The stock of flyExclusive, the Kinston-based private jet charter company, continued a downward descent after last week reporting a quarterly loss bigger than analysts forecast. Shares traded for about $2.24 by mid-afternoon Tuesday. They have ranged between $1.79 and $24.21 since the company went public in December. FlyExclusive posted a net loss of 32 cents a share in the three months ended Sept. 30, wider than the 9 cents analysts had projecte…
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