Market Analysis
Why Did Joby Aviation Stock Slide Premarket? $1.2B Capital Raise Spurs Dilution Fears
Joby Aviation shares fell over 9% in premarket trading after the company priced a $1.2 billion stock and convertible note offering.
BTC$62,523.00-3.24%
ETH$1,660.54-4.51%
USDT$0.9988-0.01%
USDC$0.9998+0.01%
XRP$1.10-3.55%
SOL$69.03-5.04%
TRX$0.33-0.41%
FIGR_HELOC$1.04+1.44%
HYPE$62.80-6.71%
DOGE$0.0789-5.27%
USDS$0.9996-0.01%
RAIN$0.0157+7.79%
LEO$9.54+0.17%
ZEC$418.73-6.89%
XLM$0.1933-6.56%
BTC$62,523.00-3.24%
ETH$1,660.54-4.51%
USDT$0.9988-0.01%
USDC$0.9998+0.01%
XRP$1.10-3.55%
SOL$69.03-5.04%
TRX$0.33-0.41%
FIGR_HELOC$1.04+1.44%
HYPE$62.80-6.71%
DOGE$0.0789-5.27%
USDS$0.9996-0.01%
RAIN$0.0157+7.79%
LEO$9.54+0.17%
ZEC$418.73-6.89%
XLM$0.1933-6.56%
Joby Aviation (JOBY) surged in premarket trading after being selected for the White House-backed eVTOL Integration Pilot Program.
Joby Aviation shares fell over 9% in premarket trading after the company priced a $1.2 billion stock and convertible note offering.
Fortified by Toyota capital inflows, Joby Aviation is making all the right moves to launch a global air taxi service.