Joby Aviation Jumped Today -- Is the Stock a Buy Right Now?

Joby Aviation (NYSE: JOBY) stock surged early in Friday's trading, but it wound up giving up most of its gains. Shares of the maker of electric vertical takeoff and landing (eVTOL) vehicles rose 2.3% today, but they had been up as much as 11.2% earlier in the session. Meanwhile, the S&P 500 fell 0.1%, and the Nasdaq Composite climbed 0.4%.Joby stock posted gains today following a press release from the company announcing that it will be participating in the White House's eVTOL Integration Pilot Program. Following an executive order from President Donald Trump, it seems mature eVTOL aircraft will be able to operate in select markets without receiving full certification from the Federal Aviation Administration.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool