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Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus
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Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus
Joby Aviation shares closed up 5% at $10.92 Friday, with trading volume above average ahead of the Memorial Day market pause. The company reported its first FAA-conforming aircraft had flown and ended March with $2.5 billion in cash, but posted a $110 million net loss on $24 million in quarterly revenue. Joby targets its first passenger flights in 2026. The post Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus appeared first on TechStock².
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