Cathie Wood Is Doubling Down on Joby Aviation Stock. Is JOBY a Buy for March 2026?
Joby Aviation (JOBY) continues to show measured technical progress even as capital requirements remain front and center. The electric vertical take-off and landing (eVTOL) developer recently priced a roughly $1.2 billion mix of common stock and convertible notes to fund certification efforts and scale production. However, the weakness has not gone unnoticed. ARK Invest (ARKK), led by Cathie Wood, adjusted positions across its exchange-traded funds last week and added over 27,000 shares of Joby Aviation. ...