Joby Aviation is trading 4.8% down today at $7.01 as investors react to ongoing concerns regarding eVTOL certification timelines, cash burn, and potential share dilution.
- The stock has faced increased volatility following a recent insider-sale filing, which has heightened worries about share supply alongside previous equity and convertible financings.
- Today's decline is also being driven by broader selling pressure across growth and technology sectors in a mixed market environment.