Why Joby Aviation Stock Popped After Earnings
Joby stock lost less money than feared. That's a good thing, but the stock remains risky.
Joby Aviation (NYSE: JOBY) stock jumped 6.8% through 10:10 a.m. ET this morning after "beating" earnings last night. Analysts forecast Joby would lose $0.19 per share in its first quarter of 2025, but the electric air taxi company reported a loss of only $0.11 per share.
Joby has no revenue, so analysts didn't bother making a revenue forecast -- and Joby reported no revenue.
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