Joby Aviation Rises 7% as Air Taxi Names Rally, FAA Approval in Focus
Joby Aviation surged 7% to $9.79 on heavy volume amid a broad risk-on rally, not company-specific news, as investors await FAA testing milestones, U.S. pilot-program operations, and Dubai commercial flights; Joby remains unprofitable with a $9.23 billion valuation and $2.47 billion cash, while analysts hold a mixed "Reduce" consensus.