Joby Gets Toyota's $500M Dollar Lift: eVTOL Pioneer Making New Highs
Toyota(TM) Benzinga·2024-11-25 16:49
Joby Aviation Inc JOBY is soaring to new heights—literally and figuratively. The stock is making new 52-week highs on Monday, fueled by news of half a billion-dollar investment from Toyota Motor Corp TM. Joby stock was up by over 10% by 10:30 AM ET on Monday.Joby's meteoric rise — a staggering 54.75% gain in the past month and 42.34% over the last five days (both rising) — signals a market awakening to the future of air mobility.Toyota's Half-Billion Dollar LiftToyota’s recent $500 million investment into t ...