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Joby Aviation proceeds with aircraft certification and acquires Blade Air Mobility

The Motley Fool +1 · ·by G4L

  1. 1Joby's stock price has fallen approximately 65% this year.
  2. 2Joby is proceeding with the final stage of FAA type certification.
  3. 3Blade recorded approximately $36 million in revenue for the second quarter.

So what's the key point?

Joby Aviation's stock price has dropped about 65% this year. The company is preparing for changes by finishing aircraft certification and acquiring another company.

Source The Motley Fool +1 · View original ↗

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