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How Far Can JOBY Stock Fall While Its Guidance Goes Up?
Trefis16d agobearish
How Far Can JOBY Stock Fall While Its Guidance Goes Up?

Joby Aviation (JOBY) trades near $6.82, after falling 49% over the past twelve months while the S&P 500 returned 20.5%. The company raised its full-year revenue outlook and the shares kept sliding. The market is repricing the bill that comes before the first paying passenger in one of its own aircraft.