Summary
• Jet.AI Inc. (JTAI) shares dropped 18.6% during intraday trading to $0.7011.
• A joint venture with Choo Choo Express LLC to develop a data center has not positively impacted investor sentiment.
• The stock has declined nearly 80% over the past year, with current trading volumes well below the 10-day average.
Jet.AI Inc. (NASDAQ: JTAI) is experiencing significant downward pressure, trading at $0.7011, down 18.6% during intraday trading. This move contrasts the previous close, reflecting market sentiment that may not fully support the company’s latest developments.
Joint Venture Limited Market Impact
Despite announcing a joint venture with Choo Choo Express LLC to develop a 50-megawatt data center campus in Moapa, Nevada, investor response has not been favorable. The project, which has an estimated enterprise value of around $500 million, was disclosed in a press release dated December 23, 2025. Jet.AI emphasizes its focus on expanding high-performance GPU infrastructure and AI cloud services, which could position it for growth; however, today’s move in stock price suggests a lack of immediate investor confidence.
Market Performance Metrics
The stock continues to face challenges, evidenced by its 52-week performance, which shows a decline of nearly 80%. Currently, JTAI’s volume is at 971,673, significantly lower than the 10-day average volume of approximately 2.9 million. The relative strength index (RSI) stands at 24.6, indicating that the stock is approaching oversold territory.
Jet.AI’s stock also reflects considerable historical volatility, with a quarterly performance down 76%. This performance backdrop illustrates a challenging market environment, especially in light of the company’s ambitious growth plans.
Outlook
With shares falling significantly amid the latest announcement, Jet.AI appears to be caught in a challenging position as it seeks to attract investor interest and navigate market skepticism.