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Joby Aviation Stock Just Hit a 52-Week Low. History Says This Happens Next

The Motley Fool·
Joby Aviation Stock Just Hit a 52-Week Low. History Says This Happens Next

Joby Aviation stock has fallen below $5, near its 52-week low of $4.40, as Wall Street loses enthusiasm for the eVTOL industry despite the company's achievements like autonomous flight completion and acquisition plans. However, history shows Joby has recovered from similar downturns after major announcements. The stock's future depends on reaching key milestones like FAA type certification or starting passenger service, which could drive it back into double digits.

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