Joby Aviation Skyrocketed Today -- Is the Stock a Buy Right Now?

Joby Aviation (NYSE: JOBY) stock closed out Friday's trading with huge gains. The electric vertical takeoff and landing (eVTOL) company's share price was up 13.4% at the end of the day's trading. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) ended the day up 0.5%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) closed out the session up 0.7%.Besides bullish momentum for the broader market, Joby Aviation stock also saw gains thanks to news about its runway for expansion in the U.K. market. The U.K.'s Civil Aviation Authority (CAA) recently published a report that suggests a favorable outlook for the introduction of eVTOL aircraft in the market. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool