Joby Aviation Drops 20%—Market Watching for Monday’s Open
Joby Aviation plunged 14.3% to $9.55 Friday, extending a nearly 20% weekly drop as a strong U.S. jobs report fueled fears of higher interest rates, pressuring speculative growth stocks; trading volume spiked, and peers like Archer and Vertical also fell, raising investor questions about how much to pay now for future air-taxi profits.