Joby Aviation Stock Stalls After Public Offering
Joby Aviation Inc (NYSE:JOBY) stock is 13.3% lower to trade at $5.24 after the electric air taxi company priced an underwritten public offering of 40 million shares at $5.05 per share. JOBY is pacing for its worst single-session percentage drop since July 2023, and is now down 22% in 2024, though there's support from the $5.10 level in place.
New FAA rule opens door for U.S. air taxi operations
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Why Joby Aviation Stock Is Losing Altitude TodayJoby shares are falling after the company announced a $200 million secondary offering. The deal would expand the share count and is priced at a discount. For long-term holders, the added cash is a ...
SoFi Technologies, Tesla, Capri Holdings, Joby Aviation and Deckers Outdoor are the top five trending tickers on Stocktwits ...
The deal range was $5.00-$5.15. Morgan Stanley and Allen & Co. acted as joint book running managers for the offering. Published first on TheFly – the ultimate source for real-time, market-moving ...
Toyota's $500 million investment in Joby adds manufacturing expertise and deep financial resources to support long-term ...
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with ...
EDT Joby Aviation (JOBY) files automatic mixed securities shelf Published first on TheFly – the ultimate source for real-time, ...
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced it ...
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