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Joby Aviation Stock Drops
Joby Aviation Stock Stalls After Public Offering
Joby Aviation Inc (NYSE:JOBY) stock is 13.3% lower to trade at $5.24 after the electric air taxi company priced an underwritten public offering of 40 million shares at $5.05 per share. JOBY is pacing for its worst single-session percentage drop since July 2023, and is now down 22% in 2024, though there's support from the $5.10 level in place.
Why Joby Aviation Stock Is Losing Altitude Today
Late Thursday, Joby announced plans to sell 40 million additional shares of its common stock at $5.05 apiece. The deal, which includes an underwriter option to purchase additional shares, would raise the company $202 million after expenses.
Joby launches $200M public offering ahead of 2025 commercial eVTOL release
Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common
The Motley Fool
2d
Is Archer Aviation or Joby Aviation the Better Air Taxi Stock?
Toyota's $500 million investment in
Joby
adds manufacturing expertise and deep financial resources to support long-term ...
16h
Friday's Top 5 Trending Stocks: What's The Scoop On Tesla, SoFi, Joby?
SoFi Technologies, Tesla, Capri Holdings, Joby Aviation and Deckers Outdoor are the top five trending tickers on Stocktwits ...
1d
New FAA rules issued for “powered-lift” aircraft such as Santa Cruz-based Joby’s air taxi
Joby Aviation said that with the final rule, the FAA “lays the groundwork necessary for Joby to launch commercial passenger ...
9h
Joby Aviation falls -13.7%
Joby Aviation (JOBY) is down -13.7%, or -82c to $5.21. Published first on TheFly – the ultimate source for real-time, market-moving ...
10h
Unpacking the Latest Options Trading Trends in Joby Aviation
If you want to stay updated on the latest options trades for Joby Aviation, Benzinga Pro gives you real-time options trades ...
CNET
6d
Inside Joby's Air Taxi Facility, I Saw the Future of Air Travel Take Flight
This aircraft takes off like a helicopter but flies more like a plane. We got to see how an air taxi gets built -- and how ...
13h
Joby Aviation 40M share Spot Secondary priced at $5.05
The deal range was $5.00-$5.15. Morgan Stanley and Allen & Co. acted as joint book running managers for the offering. Published first on TheFly – the ultimate source for real-time, market-moving ...
23h
Feds clear way for EVTOL startups to bring flying vehicles to U.S. airspace
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with ...
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