Why Joby Aviation Stock Is Soaring Today

Shares of Joby Aviation (NYSE: JOBY) are rising on Monday, up 11.6% as of 3:41 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite were up 0.4% and 0.5%, respectively.Joby, which develops electric vertical-takeoff-and-landing (eVTOL) aircraft, announced that it had completed a series of important test flights in Dubai.On Monday, Joby announced that it had completed a series of wingborne flights with its eVTOL airtaxi in Dubai. The flights are a first in the United Arab Emirates and mark an important milestone in the company's quest to bring an eVTOL airtaxi service to the country.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool