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Why Joby Aviation Stock Was Pulling Back Today
Yahoo Finance· 2025-10-09 00:05
Key Points Joby sold $513 million of stock last night at a price of $16.85 per share. The offering price was 11% below where the stock closed yesterday. Joby's revenue is still negligible, meaning the company will have to raise money to fund its investments. 10 stocks we like better than Joby Aviation › Shares of Joby Aviation (NYSE: JOBY) were moving lower today after the maker of electric vertical takeoff and landing (eVTOL) vehicles held a follow-on stock offering last night. Investors tend t ...