Should You Buy Joby Aviation Stock While It's Below $10?
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Joby Aviation, a developer of eVTOL aircraft, has not impressed investors since its SPAC merger in August 2021. The stock opened at $10.62 and is currently below $10.
December 21, 2024 | 10:15 am
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Joby Aviation's stock is trading below $10, which is lower than its opening price post-SPAC merger. This may present a buying opportunity for investors.
The stock's current price below $10, compared to its initial post-merger price of $10.62, suggests a potential undervaluation. However, the lack of investor enthusiasm since its debut indicates uncertainty about its future performance.
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