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0.00198609731876858 0.00248262164846081 0.00294935451837141 -0.00148957298907652 -0.00482621648460779 0.00546176762661368 0.00397219463753733 -0.00496524329692144
Stock impact report

Joby and Archer Stocks Rally After Federal eVTOL Program Picks Top Players [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
Shares of Joby Aviation ( NYSE:JOBY ) rose about 5%, Archer Aviation ( NYSE:ACHR ) climbed about 3% on early Tuesday trade after the companies were selected for a federal program testing next-generation aircraft. The U.S. Department of Transportation and the Federal Aviation Administration chose eight proposals for the Advanced Air Mobility and Electric Vertical Takeoff and Landing (eVTOL) Integration Pilot Program (eIPP). The initiative is designed to study safe integration of air taxis and other eVTOL aircraft into the National Airspace System. Warning! GuruFocus has detected 2 Warning Sign with ACHR. Is ACHR fairly valued? Test your thesis with our free DCF calculator. Archer, Joby, and Beta will take part in projects including one led by the Port Authority of New York and New Jersey, which focuses on air taxi operations in the New England region. FAA Deputy Administrator Chris Rocheleau said the program will offer operational insights that inform standards for future adva Show less Read more
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