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Why Joby Aviation Stock Crashed Today


Shares of beleaguered air taxi stock Joby Aviation (NYSE: JOBY) -- which at one point delivered gains of 30% and more to its early special purpose acquisition company investors last year (only to lose all those gains and fall nearly 50% below the pre-IPO price) -- are continuing to crash in Tuesday trading.

As of 3:10 p.m. ET, Joby stock is down another 9.7%.

Image source: Getty Images.

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Source Fool.com

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