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

6.12

Mkt cap

4.9B

Volume

8.3M

High

6.25

P/E Ratio

-7.17

52-wk high

10.72

Low

6.05

Div yield

N/A

52-wk low

4.50

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

Despite a general drop in U.S. stocks, several companies recorded gains. Minerva Neurosciences climbed 46.2% after announcing a $20 million private placement. Joby Aviation rose 26.4% following a permit for flight testing of its first production prototype. Xponential Fitness, Archer Aviation, Opendoor Technologies, Viad Corp, Beazer Homes USA, Carvana, Overstock.com, Viking Therapeutics, Energy Vault Holdings, Snowflake, Global Blue Group Holding, Squarespace, and Pinterest also saw increases. Notably, Overstock.com's acquisition of Bed Bath & Beyond's brand name, intellectual property, and e-commerce platform was approved by a U.S. bankruptcy judge.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 2:19 pm

Joby Aviation Inc (NYSE:JOBY) shares are trading higher after the company announced it received a permit to fly its first production aircraft. The company also appointed Tetsuo Ogawa, president and CEO of Toyota Motor North America, to its board. Toyota has invested $400 million in Joby over the last three years. Joby plans to begin commercial passenger operations in 2025.

Portfolio Pulse from Adam Eckert

June 28, 2023 | 1:06 pm

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.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 12:56 pm

Joby Aviation, Inc. (NYSE:JOBY) has received a Special Airworthiness Certificate for the first aircraft built at its Pilot Production Line in Marina, California, allowing flight testing to begin. The aircraft is expected to be the first ever eVTOL aircraft to be delivered to a customer. The production line and aircraft were built in collaboration with strategic partner and investor, Toyota. Joby plans to begin commercial passenger operations in 2025 and recently partnered with Delta Air Lines for seamless, emissions-free travel for Delta customers.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 12:10 pm

Q2 2023's top performing industry ETFs include ITB, SMH, IGV, JETS, and FDN, while the worst performers are TAN, PBW, KRE, XME, and MOO. The best and worst stocks within these ETFs have also been identified.

Portfolio Pulse from Piero Cingari

June 27, 2023 | 1:33 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Joby Aviation (NYSE:JOBY) and maintained a $9 price target.

Portfolio Pulse from richadhand@benzinga.com

June 23, 2023 | 3:56 pm

During Friday's intraday session, several industrials stocks experienced significant price movements. Gainers included Nikola, Amprius Technologies, Joby Aviation, Erayak Power Solution Gr, Intuitive Machines, and Agrify. Losers included Planet Labs, Mega Matrix, ChargePoint Hldgs, Argan, Tritium DCFC, and Blink Charging.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 5:31 pm

American Software shares dropped 20.8% despite better-than-expected Q4 earnings, as sales missed estimates and FY24 revenue guidance was between $120 million and $126 million. Other stocks experienced significant price movements during Friday's mid-day session.

Portfolio Pulse from Lisa Levin

June 09, 2023 | 4:49 pm

Cantor Fitzgerald analyst Andres Sheppard has reinstated Joby Aviation (NYSE:JOBY) with an Overweight rating and maintained a $9 price target.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 2:42 pm

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