Why Joby Aviation Soared This Week
From Friday last week to Thursday's close, shares of Joby Aviation (NYSE: JOBY) have soared 11.4% -- all on basically no news.
No matter. The Santa Cruz-based start-up and recent special-purpose acquisition company (SPAC) IPO wants to take flying air taxis mainstream in the U.S. So far at least, investors seem happy to come along for the ride.
Source Fool.com