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Why Blade Air Mobility Stock Is Up Today

Why Blade Air Mobility Stock Is Up Today

Shares of Blade Air Mobility (NASDAQ: BLDE) soared more than 16% higher on Tuesday following the helicopter transportation service's quarterly earnings report. Blade is growing, and investors are excited about the prospects for further expansion in the quarters to come. Blade sales grew 44% year over year, with the organ transport business leading the way with a 68% gain.