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 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

Joby Aviation's stock is declining following the announcement of a public offering of common stock worth up to $200 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:29 pm

Joby Aviation has announced a public offering of common stock, aiming to raise up to $200 million. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:24 pm

The Federal Aviation Administration has released new rules to integrate aircraft like Joby Aviation's into the US aviation system, paving the way for Joby to launch commercial passenger services once certified.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:55 pm

The article highlights unusual options activity for several industrial stocks, indicating potential trading opportunities. Notable mentions include bullish call sweeps for JOBY and ZIM, bearish call sweeps for GRAB and ACHR, and a bullish put sweep for MMM.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:35 pm

The FAA has issued a final rule for powered-lift aircraft, setting training and operational requirements for this new category. This move facilitates the integration of air taxis and advanced air mobility into U.S. airspace, marking a significant step towards future air travel.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:53 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.