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Why Joby Aviation Stock Just Crashed

TheMotleyFool

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Was it really just three weeks ago that I warned investors that Joby Aviation (NYSE: JOBY), the former SPAC IPO air taxi company with zero profits and zero free cash flow, was "likely [to] run out of cash and need to sell more stock (diluting its shareholders in the process)"?

And that when that happened, it "won't be good news for the stock price?"

I guess it was.

Source Fool.com

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