Under the Radar: XTI Aerospace Stock Slides on CEO Resignation -- WSJ
Dow Jones2026/08/18 12:25By Colin Kellaher
XTI Aerospace said Scott Pomeroy has resigned as chairman and chief executive amid an internal review of the executive and other related corporate-governance matters.
The drone company said it doesn't believe its past financial reports will be affected. Its shares fell more than 5% premarket.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 18, 2026 08:25 ET (12:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy (MSTR.US) Faces Potential Removal from MSCI Index, Passive Funds May Sell $2.8 Billion
MicroStrategy is expected to be removed from the MSCI Global Investable Market Index. JPMorgan estimates that passive funds may sell about $2.8 billion worth of shares, and if removed from multiple indexes simultaneously, the scale could reach up to $8.8 billion. Additionally, with BTC falling below its average cost of $75,456, the company’s stock price and financing capacity are under dual pressure.
Korean stocks rise by 1.84%
Crypto prices
More
