Joby Aviation Stock News

Morgan Stanley reiterated an Overweight rating on Joby Aviation (JOBY) on its view that the company''s key partnerships will pay off. Read more.

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The South Korean telecommunications giant announced that it is partnering with U.S. electric aircraft startup Joby Aviation to develop air taxis.

Joby Aviation Inc - Class A (JOBY) shares closed today 21.1% higher than it did at the end of yesterday. The stock is currently down 47.4% year-to-date, down 70.5% over the past 12 months, and down 63.4% over the past five years. Today, the Dow Jones Industrial Average rose 1.0%, and the S&P 500 rose 0.8%. Trading Activity Shares traded as high as $4.69 and as low as $3.61 this week.Shares closed 72.6% below its 52-week high and 28.8% above its 52-week low.Trading volume this week was 14.5% higher than the 10-day average and 22.5% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 5646.9% The company's stock price performance over the past 12 months lags the peer average by -100.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

The South Korean telecommunications giant announced that it is partnering with U.S. electric aircraft startup Joby Aviation to develop air taxis.

Shares of electric aircraft developer Joby Aviation (JOBY) soared 21% on Tuesday after it announced a deal with South Korea’s SK Telecom (SKM) to create an air taxi service.

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Gainers: Tritium DCFC DCFC +40%.Art''s-Way (ARTW) +14%.Joby Aviation (JOBY) +14%.ALJ Regional Holdings (ALJJ) +14%.Simpson Manufacturing SSD +11%

JOBY stock is up more than 21% today after announcing a new deal for an emissions-free air taxi service, with SK Telecom. The post JOBY Stock Takes to the Skies Amid Promising International Expansion

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SK Telecom and Joby Aviation, a Californian venture-backed aerospace company, have revealed their partnership deal this week, and they are joining forces to develop flying cars. The latter is an air taxi startup firm, and

SK Telecom Co. has partnered with US-based Joby Aviation in developing flying cars to help expand its foothold in urban air mobility (UAM) services. South Koreas top wireless carrier said they would form a regular

SEOUL, Feb. 7 (Yonhap) -- SK Telecom Co., South Korea''s top wireless carrier, said Monday it has partnered with U.S.-based Joby Aviation in developing flying cars in a move to expand its foothold in urban air mobility (UAM) services. SK Telecom said

This marks the Series B round for the electric scooter and micromobility startup Swing.

SK Telecom South Korea leading telecommunications company, and Joby Aviation a California-based company developing an all-electric, five-seat aircraft that can take off and land vertically (eVTOL), today announced they will work together to introduce emissions-free aerial ridesharing services to cities and communities across South Korea. Recommended AI News: xSuite Business Solutions Cube Receives Renewed SAP [] The post SKT And Joby Join Forces To Bring Air Taxi Service To South Kore appeared first on AiThority .