Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

New Catalyst Sends Joby Stock to 52-Week Highs

A surge of investor confidence has propelled Joby Aviation (NYSE: JOBY) to new heights in the middle of July. The company’s stock price climbed to reach a new 52-week high of $12.63, capping a run that has seen the electric vertical take off and landing (eVTOL) company’s stock increase in value by over 100% in the past three months.

This impressive performance builds on the momentum from the company’s successful flight demonstrations in Dubai. Still, now an even more significant development is fueling the latest leg of Joby’s stock price rally.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.