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Stock impact report

Uber stock jumps on high-flying Joby deal [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
A major expansion is underway for the ride-hailing industry as Uber unveils its collaboration with Joby Aviation. Uber Technologies shared on Feb. 25 the launch of Uber Air , powered by Joby Aviation , a California-based transportation company. This service will let riders book Joby's four-passenger, all-electric, vertical take-off and landing air taxi directly through the Uber app. Uber stock was up 2.7% on Thursday, Feb. 26, following the announcement, up around 3% over the past week. This extended its recent turnaround, much needed after its previously uneven stretch, as it remains down 8% year to date. The service is expected to debut in Dubai later this year, marking a major and concrete milestone in commercial air mobility. Uber "connecting the ground and the sky" with Joby air taxi Under this partnership, ground and air transportation will come together as Uber weaves the air taxi option directly into its app for qualified destinations. The air taxi will also produce Show less Read more
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