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The recent 28% drop and a further 5.3% decline indicate strong bearish sentiment. Historically, similar joint ventures have not propelled shares positively in early phases.
What happened, with direct paths to the underlying reporting
Jet.AI Inc (JTAI) fell 5.3% in pre-market trading. JTAI's shares declined by 28% on Tuesday. The company announced a new joint venture focused on data centers in Nevada. U.S. stock futures indicate lower market trends overall. SeaStar Medical's reverse split affected market sentiment negatively.
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