Joby Aviation shares are trading higher after the company announced it received a permit that allows the company to begin flight testing of its first production prototype.
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation has received a permit allowing it to begin flight testing of its first production prototype, leading to a rise in its share prices.
June 28, 2023 | 12:56 pm
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Joby Aviation's stock is trading higher after the company received a permit for flight testing of its first production prototype.
The permit for flight testing of its first production prototype is a significant milestone for Joby Aviation. This development is likely to boost investor confidence, leading to a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100