2 Electric Air Taxi Stocks With Short Squeeze Potential
Archer Aviation (ACHR) Schaeffers Investment Research·2024-12-04 19:02
Rockets and space, and the skies have become all become en vogue on Wall Street as 2024 winds down. Air taxis, or eVTOL (electric vertical takeoff and landing) aircraft makers, started the year deep in penny stock territory but have generated some buzz lately. Joby Aviation Inc (NYSE:JOBY) is up 5.6% at $8.29 at last glance, after the company yesterday announced an additional $500 million investment from Toyota (TON). Joby also received a Part 141 certificate from the Federal Aviation Administration (FAA) f ...