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Joby Aviation and J. Jill, Inc. see market activity
Joby Aviation has seen its stock price decline significantly, hitting a 52-week low of less than $5. Despite the downturn, the company continues to work toward FAA Type Certification for its electric vertical takeoff and landing (eVTOL) air taxis. Joby is currently a partner in the White House eVTOL Integration Pilot Program, which aims to accelerate the path to commercial service.
Separately, specialty retailer J. Jill, Inc. has received a consensus “Hold” recommendation from several brokerages, though some analysts have issued “buy” ratings with price targets reaching $25.00. The company recently reported quarterly earnings and maintains a market capitalization of approximately $361.44 million.
Entities
Federal Aviation Administration · J. Jill, Inc. · Joby Aviation · White House