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Why Joby Aviation Stock Is Flying High Today


Shares of Joby Aviation (NYSE: JOBY) were flying high Tuesday, soaring as much as 10.3%. As of 3:12 p.m. ET, the stock was still up 9.1%.

The catalyst that sent the electric vertical takeoff and landing (eVTOL) aircraft specialist higher was an announcement that the company is expanding its manufacturing capacity.

Image source: Joby Aviation.

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Source Fool.com

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