Why Joby Aviation Stock Is Soaring Today
Shares of Joby Aviation (NYSE: JOBY) are flying higher on Wednesday. The company’s stock spiked 30.2% as of 2:21 p.m. ET. The jump comes as the S&P 500 and the Nasdaq Composite were mostly flat. The company, which develops electric vertical take-off and landing (eVTOL) aircraft, announced yesterday after the market closed that it has…