High-Flying Stock Soars 50%: Time to Buy or Wait for a Dip?
Joby Aviation(JOBY) MarketBeat·2024-07-17 19:23
Joby Aviation Today JOBY Joby Aviation $7.47 +0.52 (+7.48%) 52-Week Range $4.50 $10.68 Price Target $7.50 Add to Watchlist Joby Aviation NYSE: JOBY is taking flight, but investors should wait until the next stock price dip before buying in. The recent 50% surge in stock price was driven by good news, but there has been little change in the near-term outlook. The takeaway is that Joby is improving its position, is on track to commence commercial operations next year, and is building leverage for the future. ...