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Stock impact report

Joby Aviation Tour And White House Pilot Program Test Investor Nerves [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
Joby Aviation (NYSE:JOBY) has launched a national "Electric Skies Tour" to showcase its electric air taxi operations across the U.S. The company has been selected for the White House backed eVTOL Integration Pilot Program, enabling early operations in 10 states. Recent piloted demonstration flights across the San Francisco Bay Area mark an additional step toward commercial air taxi services. Joby Aviation is drawing fresh attention as it moves closer to putting electric air taxis into real world service. The stock, trading at $9.23, reflects a business that has already delivered very large multi year returns, with the share price up 137.9% over 3 years and 39.0% over the past year, despite a 35.7% decline year to date. This combination of strong longer term gains and a recent pullback may catch the eye of investors tracking early stage transportation companies. The new national tour, participation in the federal pilot program, and relationships with partners such as Uber and Show less Read more
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