Joby Aviation (NYSE:JOBY) shares fall after Toyota JV filing ties funding to certification
Joby Aviation, Inc. dropped in Wednesday’s session after Toyota Motor Corp expanded its manufacturing partnership with the company. Joby ended the day off 0.9% at $8.84. Shares moved between $9.31 and $8.73, with volume hitting about 45.9 million, higher than the 65-day average of 32.1 million. Toyota was in the headline. The filing focused on timing.