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Joby Slips and Is Down 53% This Year as the eVTOL Trade Keeps Unwinding; Archer Dips, EHang Eases

Source: 247wallst.com

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Joby Slips and Is Down 53% This Year as the eVTOL Trade Keeps Unwinding; Archer Dips, EHang Eases

Joby Aviation shares fell 2% to $6.18 in midday Tuesday trading, extending their year-to-date decline to 53%. The continued selloff indicates persistently bearish investor sentiment toward the eVTOL developer, though the report provides no new fundamental catalyst.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

Ticker Sentiment

JOBY-0.55

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