AAM Stock Composite Snaps Rally After Joby Downgraded
Shares in Joby Aviation declined more than 11% during the week ending July 21.
Credit: Joby Aviation
The AAM Stock Composite sold off sharply midway through the week ending July 21, finishing down 6.3% from the prior week’s close. The sell-off came after a J.P. Morgan analyst downgraded Joby Aviation’s stock from neutral to underweight. Shares of publicly traded advanced air mobility (AAM)...
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