Why Joby Aviation Stock Is Surging Today

Joby Aviation (NYSE: JOBY) stock is rising in Monday's trading. The company's share price was up 6.5% as of 2 p.m. ET. At the same point in the daily session, the S&P 500 was up 0.7%, and the Nasdaq Composite was up 0.9%. The stock had been up as much as 11.1% earlier in the session. Bullish momentum for the broader market is helping to lift Joby stock today. The company's valuation is also getting a continued boost from the announcement of an electric vertical take-off and landing (eVTOL) production partnership with Toyota. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool