Why Blade Air Mobility's Stock Is Trading Higher Today

Blade Air Mobility BLDE shares are trading higher after the company reported Q1 sales results up from last year.

Blade Air Mobility is currently up 13.86% to a price of $8.55. Tuesday the stock has been traded at a volume of 1.82 million, about 180.34% of its recent 30-day volume average of 1.01 million.

The stock's 50-day moving average was $7.39 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $9.73 and fallen to a low of $6.41.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.