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Stock MarketsJoby Aviation Inc. (NYSE:JOBY) stock tumbled Thursday after the company priced an upsized set of concurrent public offerings totaling more than $1.18 billion. The company priced a concurrent offering consisting of $600 million in 0.75% convertible senior notes due 2032 alongside 52.86 million shares of common stock priced at $11.35 per share. This total deal size represents an increase from the company’s previously announced combined target of $…See the Story
Joby Stock Sinks As Dilution Fears Slam Investors - Joby Aviation (NYSE:JOBY)
Coverage: 4 sources
Stock Markets · Santa CruzNew York, Jan 30, 2026, 14:49 EST — Regular session Shares of Joby Aviation dropped 4.8% to $10.61 in Friday afternoon trading, as the electric air-taxi company announced plans to raise new capital, pushing the stock further down. The company announced it priced an upsized offering of shares and convertible notes aiming to raise around $1.2 billion in gross proceeds, excluding any underwriter options. Joby said the funds will support aircraft ce…See the Story
