Shares of Joby Aviation fell more than 11% on Wednesday after the electric air-taxi maker priced a $514 million discounted share sale.
JOBY's 41% surge follows successful airshow demos, a key acquisition and commercial expansion plans--but risks still loom large.
Joby Aviation Inc (NYSE:JOBY) shares slid nearly 11% to $16.90 in late-morning trading on Wednesday after the electric air taxi developer priced its previously announced underwritten equity o
Joby Aviation tumbles after announcing a $513 million stock offering. The air taxi maker completed demo flights over the weekend.
U.S. stock futures rose on Wednesday following Tuesday's declines. Futures of major benchmark indices were higher.
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced today the pricing of its previously announced
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, announced today that it intends to offer $500.0 million
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a company developing air taxis for commercial passenger service, today announced it has flown its all-electric aircraft at the Cal
Joby Aviation (JOBY 2.58%) is closing in on FAA approval and gaining government support through the White House's eVTOL program. With the Blade acquisition and over 30,000 miles of test flights, Joby
TOKYO & SANTA CRUZ, Calif.--(BUSINESS WIRE)---- $JOBY--ANA Holdings (ANA HD) and Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announ
RAS AL KHAIMAH, United Arab Emirates & SANTA CRUZ, Calif. & LONDON--(BUSINESS WIRE)---- $JOBY--The Ras Al Khaimah Transport Authority (“RAKTA”), Joby Aviation, Inc. (NYSE: JOBY), a company develop
Joby is advancing toward certification, with TIA test flights set for 2025 and type approval expected in 2026. Liquidity of $991M plus Toyota's $250M support provides nearly two years of financial run
Joby Aviation (JOBY) offers strong innovation potential in the eVTOL market, but its share price is highly speculative and difficult to value fundamentally. JOBY has made significant progress on FAA c
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc., a company developing air taxis for commercial passenger service, today announced it will be at the California International Airshow in Salinas
Joby Aviation (JOBY -7.96%) is an aerospace company with an intriguing idea. It wants to fly people over traffic in relatively quiet electric aircraft.
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