Joby Aviation shares are falling in extended trading Tuesday after the company announced it entered into an equity distribution agreement.

Early movers like Joby Aviation (NYSE: JOBY) promise to bring the rapid improvements in battery-electric vehicle technology into the skies. Morgan Stanley's automotive and mobility research team is no stranger to making grand projections about new technologies,

Joby Aviation (NYSE: JOBY) is one of the highest-potential companies in industrials today, building an entirely new way to get from Point A to Point B in cities around the world. Not only is the company developing a novel vertical take-off and landing vehicle,

Joby Aviation stock price has bounced back this year as investors anticipate its upcoming commercialization phase. It soared to a high of $9.30, its highest level since July 2023, pushing its market cap to over $6.

California-based transportation company Joby Aviation JOBY is a leading player in the electric vertical takeoff and landing (eVTOL) space. The company aims to offer a faster, smarter and cleaner way of transporting people around congested areas.