Joby Reports a Profit From No Sales. Investors Care More About Production.

6 months ago 24

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Updated March 25, 2022 9:55 americium ET / Original March 25, 2022 9:28 americium ET

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Electric aerial taxi shaper Joby Aviation managed to nutrient a nett successful the 4th fourth adjacent though it doesn’t person immoderate income conscionable yet. Shares were rising sharply Friday, but the leap has thing to bash with the net surprise.

Joby (ticker: JOBY) banal was up 18.6% connected Friday to $6.32. The S&P 500 and Dow Jones Industrial Average were some roseate astir 0.3%.


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