Streetbeat News

JOBY

Joby Aviation, Inc.

https://www.jobyaviation.com

Industry

Airlines, Airports & Air Services

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. It intends to build an aerial ridesharing service. The company was founded in 2009 and is headquartered in Santa Cruz, California.

Open

5.88

Mkt cap

4.4B

Volume

12M

High

5.89

P/E Ratio

-8.19

52-wk high

7.69

Low

5.58

Div yield

N/A

52-wk low

4.50

Crude oil prices surged over 2% as U.S. stocks showed mixed performance. Newell Brands shares spiked 21% after positive Q3 results and raised 2024 guidance. Tapestry shares rose 13% despite a blocked acquisition of Capri, whose shares fell 48%. Joby Aviation and Evolv Technologies also saw significant stock movements.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 7:14 pm

The FAA has issued a new rule establishing a 'powered lift' category for eVTOL aircraft, paving the way for air taxis in the U.S. Companies like Joby Aviation and Archer Aviation are set to benefit, with plans to launch commercial services by 2025.

Portfolio Pulse from Erica Kollmann

October 25, 2024 | 5:02 pm

Portfolio Pulse from Erica Kollmann

October 25, 2024 | 2:14 pm

Several major stocks, including Capri Holdings, Coursera, and DexCom, experienced significant declines in pre-market trading. Capri's shares plummeted after a judge blocked its merger with Tapestry, while Coursera and DexCom fell due to disappointing financial guidance and results.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 1:14 pm

Several industrial stocks experienced significant price movements in Friday's pre-market session. Notable gainers include Safe & Green Holdings, Expion360, McGrath RentCorp, Booz Allen Hamilton, Simpple, and Spirit Airlines. Meanwhile, Joby Aviation, GEE Group, Comfort Systems USA, 1847 Holdings, Zoomcar Holdings, and Jet AI saw declines.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 12:08 pm

The article highlights the pre-market movements of various industrial stocks on Friday. Notable gainers include Safe & Green Holdings, Expion360, McGrath RentCorp, Booz Allen Hamilton, Simpple, and Spirit Airlines. Meanwhile, Joby Aviation, GEE Group, Comfort Systems USA, 1847 Holdings, Zoomcar Holdings, and Jet AI experienced declines.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 12:07 pm

Joby Aviation's stock is experiencing a decline following the announcement of a $202 million public offering, with 40 million shares priced at $5.05 each.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 11:59 am

Deckers Outdoor Corporation's shares surged 14% in pre-market trading after reporting better-than-expected Q2 financial results. The company beat revenue and earnings estimates, driving investor optimism. Other stocks also showed significant pre-market movements, including Safe & Green Holdings, ARB IOT Group, and Capri Holdings, which faced a major dip due to a blocked merger.

Portfolio Pulse from Avi Kapoor

October 25, 2024 | 10:05 am

Joby Aviation has announced a public offering of 40 million common stock at $5.05 per share, aiming to raise $202 million. The proceeds will be used for certification, manufacturing, and preparation for commercial operations. The offering is expected to close on October 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 4:51 am

Several industrial stocks experienced significant price movements in Thursday's after-market session. Notable gainers included Smart Powerr, Antelope Ent Hldgs, McGrath RentCorp, Nuburu, L3Harris Technologies, and Performance Shipping. Meanwhile, 1847 Holdings, Expion360, Joby Aviation, GrafTech International, Paycor HCM, and SOS saw declines.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 8:31 pm

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