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0.00116959064327483 0.000561403508771868 -0.00116959064327483 -0.00233918128654966 -0.00116959064327483 0.00701754385964918 0.00701754385964918 0.0105263157894737
Stock impact report

Joby Aviation Soars 71% in 6 Months: Time to Buy the Stock? [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
The company aims to offer a faster, smarter and cleaner way of transporting people around congested areas. JOBY shares have performed exceedingly well lately, driven by the enthusiasm surrounding the future of urban air mobility, which refers to a method of transportation that utilizes the airspace above an urban area to move people and goods. This is mainly done through eVTOLs and drones. With the eVTOL-related buzz picking up, shares of JOBY have gained 71.1% over the past six months, handily outperforming its industry. Another eVTOL-focused stock Archer Aviation ACHR has performed even better, surging 133% in the same timeframe. Image Source: Zacks Investment Research Technical indicators suggest continued strong performance for JOBY. The stock trades above its 50-day and 200-day moving averages, signaling robust upward momentum and price stability. This technical strength underscores positive market sentiment and confidence in JOBY's prospects. Image Source: Zacks Investme Show less Read more
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