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Stock impact report

Joby Aviation: Buy, Sell, or Hold? [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
Witness, for example, the rapid ascent of electric vehicles (EV), which are now commonplace on our roads. It looks like this transformation is also about to happen with cutting-edge air taxi developer Joby Aviation (NYSE: JOBY) . Despite a few recent pullbacks, the company's share price has rocketed dramatically higher this year thanks to several favorable developments. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » It's an exciting stock, but given that rise, is it now overvalued? Joby's specialization is electric vertical takeoff and landing (eVTOL) taxis. The company's four-passenger craft, which share certain aspects of both helicopters and propeller airplanes, have a small profile and are therefore ideal for tight urban environments. These will be the inaugural markets for air taxi services. And they might open sooner than you think. In October, the Federal Aviation Administration (FAA) took a big step t Show less Read more
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