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Why Joby Aviation Stock Plummeted This Week

Despite a late-week rally, Joby stock still saw a double-digit pullback in response to multiple selling pressures.Joby Aviation (JOBY 3.46%) stock plunged over the last week of trading as investors adopted more risk-averse positions in response to macroeconomic risk factors. The electric vertical take-off and landing (eVTOL) company's share price dipped 10.1% over the stretch compared to its pricing level at the previous week's market close.Joby Aviation suffered substantial sell-offs throughout most of las ...