HomeInvestingOptionsJoby Aviation (JOBY) Flight Of Fancy Paying Off
Joby Aviation (JOBY) Flight Of Fancy Paying Off

Joby Aviation (JOBY) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss the air taxi service reasons why shares of the electric aerospace company jumped higher on Friday. Jenny looks at (JOBY)’s earnings report which shows a $5M profit despite having zero sales. Jenny also talked about Joby’s timing to launch commercial passenger service which is expected in 2024. Jenny also discusses the JOBY collaboration with Uber (UBER) for future aerial ride sharing services. Alex weighs in on the look of the aircraft, which is like a helicopter, and discusses whether this service would succeed in high traffic areas such as LA and New York. Finally, Alex and Jenny demonstrate a trade using Joby Aviation (JOBY).

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