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Stock impact report

Joby Aviation Just Scored a Major Department of Transportation Win. Should You Buy JOBY Stock Now? [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
While electric air taxis have been a lofty goal in the transportation space, the industry appears to be taking a step forward in making this concept a reality. Joby Aviation (JOBY) recently reached a milestone, as the company was chosen to be part of a U.S. Department of Transportation initiative to advance the commercialization of advanced air mobility solutions. This initiative, which allows companies to test electric vertical takeoff and landing (eVTOL) aircraft in a real-world setting before receiving certification from the Federal Aviation Administration (FAA), will be a crucial step toward bringing the technology into the mainstream. Here's what investors should know. More News from Barchart SoFi Stock Outlook: Can SoFi Technologies Recover After a 30% Drop? Stocks Slump on Iran War and Credit Woes Qualcomm Stock Warning: Why Bank of America Is Betting That QCOM Will Underperform Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exc Show less Read more
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