Why Joby Aviation Soared 29.5% Last Month But Is Plummeting in June
Joby Aviations stock has continued to be highly volatile.
Why Joby Aviation Soared 29.5% Last Month But Is Plummeting in June
Overview
Joby Aviation (NYSE: JOBY) stock saw strong gains in May's trading, rising 29.5% across the stretch. Meanwhile, the S&P 500 rose 5.2%, and the Nasdaq Composite surged 8.4% higher.
The broader market hosted strong bullish momentum for growth stocks last month, and a solid quarterly report helped support big gains for Joby. Despite a big pop last month, the company's share price is down roughly 28% year to date.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
