Joby Aviation (JOBY) Shares Surge 10.45% Amid Production Expansion

Reported 1 day ago

Joby Aviation, Inc. (NYSE:JOBY) experienced a significant share price increase of 10.45%, closing at $13.95 following the announcement of its production facility expansion in Marina, California, set to produce 24 aircraft annually. This expansion will enhance Joby’s capabilities, including FAA certification and training facilities, supporting its growth amid broader manufacturing plans across multiple sites.

Source: YAHOO

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