Joby and Archer Aviation shares soar after new Buy ratings but patience key for those stocking up
Wednesday, 20 November 2024 () On Tuesday, Joby Aviation and Archer Aviation, two developers of electric vertical takeoff and landing (eVTOL) aircraft, saw their stocks surge after Needham & Co. launched coverage with optimistic Buy ratings. Analyst Chris Pierce highlighted that the Federal Aviation Administration (FAA) had issued final rules for pilots of eVTOLs, paving the way for expected air […]
Wednesday, 20 November 2024 ()
On Tuesday, Joby Aviation and Archer Aviation, two developers of electric vertical takeoff and landing (eVTOL) aircraft, saw their stocks surge after Needham & Co. launched coverage with optimistic Buy ratings. Analyst Chris Pierce highlighted that the Federal Aviation Administration (FAA) had issued final rules for pilots of eVTOLs, paving the way for expected air […]