Why Joby Aviation Stock Floated Higher Today
Joby Aviation (NYSE: JOBY) stock jumped 5.4% through 10:50 a.m. ET Thursday after beating on both top and bottom lines on Q4 earnings last night.
Heading into the report, analysts expected the maker and operator of electric air taxis to lose $0.23 per share on sales of only $16.2 million. In fact, Joby lost only $0.14, and its sales were nearly twice as much as expected -- $30.8 million.
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Source Fool.com
