Joby Aviation shares tumble after discounted stock offering
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Joby Aviation shares tumble after discounted stock offering
STORY: Shares of Joby Aviation fell as much as 12% Wednesday morning after the electric air-taxi maker sold more than 30 million shares overnight at a price that was about 11% below where the stock was trading Tuesday. The California-based company said it would use the proceeds to fund its aircraft certification and manufacturing efforts as ...
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Shares of Joby Aviation fell as much as 12% after the electric air-taxi maker sold more than 30 million shares at a price that was about 11% below where the stock was trading https://reut.rs/47eUUZs | Reuters
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