Why Joby Aviation Stock Crashed Today
Shares of beleaguered air taxi stock Joby Aviation (NYSE: JOBY) -- which at one point delivered gains of 30% and more to its early special purpose acquisition company investors last year (only to lose all those gains and fall nearly 50% below the pre-IPO price) -- are continuing to crash in Tuesday trading.
As of 3:10 p.m. ET, Joby stock is down another 9.7%.
Image source: Getty Images.
Source Fool.com