Turbulence for Joby Shares: What's Behind the Recent Dip?

Turbulence for Joby Shares: What's Behind the Recent Dip?

Joby Aviation's recent stock dip due to insider sales and sector concerns may offer an entry point given its solid progress and analyst support.

Turbulence for Joby Shares: What’s Behind the Recent Dip? - Finnoexpert

Joby Aviation (NYSE:) stock has seen more than average volatility recently, and the movement has captured investor attention. The eVTOL company’s shares have fallen almost 9% in the last five trading days and have generally traded near their 50-day low for a while now. This negative stock performance follows news of CEO Joeben Bevirt’s recent share sale, which was perceived as large by market participants. Additionally, broader uncertainty in th…

Joby Aviation, Inc. (NYSE:JOBY) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG increased its stake in shares of Joby Aviation, Inc. (NYSE:JOBY – Free Report) by 26.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 350,784 shares of the company’s stock after buying an additional 72,329 shares during the quarter. […]