Shares of Jet.AI Inc. (JTAI) are skyrocketing above 800 percent on Thursday morning after the company entered into a non-binding letter of intent to effect a reverse takeover transaction with a privately held operating company.
The company's shares are currently trading at $4.22 on the Nasdaq, gaining 814.02 percent in the latest session. The stock opened at $4.98 and touched an intraday high of $5.01. Over the past 12 months, the shares have traded between $3.33 and $804.00.
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September 04, 2026 15:08 ET The job report and foreign trade data were the main economic news from the U.S. in the first week of September. Elsewhere in North America, the Canadian central bank announced its latest policy decision. Inflation data from Eurozone was the highlight in Europe. The latest interest rate decision by the Reserve Bank of New Zealand drew attention in Asia.