New York, Jan 13, 2026, 07:44 EST — Premarket
- Wheels Up Experience shares jumped roughly 17% in early premarket action, following a strong rally on Monday
- The stock is trading near the $1 mark, a crucial level following an NYSE notice
- Traders await inflation data due Tuesday, seeing it as a key risk sentiment indicator
Shares of Wheels Up Experience Inc climbed once more ahead of Tuesday’s open, continuing a choppy streak that nudged the budget stock nearer to the $1 mark. Early premarket action showed a roughly 17% gain, with shares trading at $1.17. (Yahoo Finance)
This matters because Wheels Up revealed in a December filing that the New York Stock Exchange had flagged the company for not meeting the rule requiring an average closing price of $1.00 or higher over 30 consecutive trading days. Pushing the price above $1 won’t instantly erase that issue, but it does bring the threshold back into focus for traders. (SEC)
The rally hits as investors gear up for U.S. consumer price figures and a packed earnings calendar, though futures slipped slightly in early action. Delta Air Lines, Wheels Up’s strategic partner, dipped in premarket after releasing its newest forecast. (Reuters)
Wheels Up closed Monday up roughly 47% at $0.99, swinging between $0.80 and $1.17 during the session, according to market data. Premarket volume hit around 1.36 million shares at one stage, a hefty figure for this typically thinly traded stock. (Investing)
No new company news explained the stock’s jump. Shares last traded at $1.18 in after-hours on Monday, following a close of $0.99 in regular trading. (MarketWatch)
In mid-December, Wheels Up announced that starting early January, members could self-book Delta commercial flights via its portal. The move aims to broaden how members spend their Wheels Up funds. “Expanding how our members can fly is central to our strategy,” CEO George Mattson said then. (Wheelsup)
The company revealed a fleet-related sale-leaseback deal alongside a satellite Wi-Fi milestone in late December, framing both as moves in its fleet modernization plan designed to fuel growth in 2026. (PR Newswire)
Wheels Up announced on Dec. 19 that it has six months from getting the NYSE notice to fix its compliance issues. The company might explore “various available options,” a phrase often signaling a reverse stock split, which cuts the share count to boost the share price without altering the business. (PR Newswire)
Yet the risk hasn’t disappeared. Wheels Up remains unprofitable amid a challenging private-aviation sector, and dramatic swings in small, low-priced stocks often lose steam as initial momentum fades. (Reuters)
Traders are focused on whether the stock can stay above $1 as the cash session begins and if volume remains strong. Falling back below $1 could reignite concerns about compliance measures and dilution risk.
Markets are eyeing the U.S. December CPI report set for release at 8:30 a.m. ET. This data could rapidly alter risk appetite, especially for smaller, more speculative names. (Bureau of Labor Statistics)
