Why Joby Aviation Stock Plummeted 15.1% Last Month and Has Kept Sinking in September

Joby Aviation (NYSE: JOBY) stock saw a substantial pullback in last month's trading. The company's share price fell 15.1% across the period, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 rose 1.9% across the stretch, and the Nasdaq Composite rose 1.6%.The electric vertical takeoff and landing (eVTOL) specialist's share price saw pullbacks in conjunction with the publication of its second-quarter results. The stock also headed lower as investors took a more cautious approach to defense artificial intelligence (AI) plays. Sell-offs have continued in September's trading.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool