“Joby Stock Drops 35% As Cash Burn Concerns Take Over”
July 1, 2026
“Joby Aviation (JOBY) is doing a lot right on paper. It has flown over New York City, lined up passenger plans in Dubai, and is making steady progress with the FAA. Still, the stock is down about 35% since January 1. That disconnect is the real story…
In late January, Joby raised $1.2 billion. That included $600 million in stock at $11.35 per share and another $600 million in convertible notes…
Cash Burn Is the Real Concern
Joby burned $509.89 million in 2025 and expects another $340 million to $370 million in the first half of 2026….“
https://finance.yahoo.com/markets/stocks/articles/joby-stock-drops-35-cash-173134939.html
Wait a minuet. AMC gets negative press when it does these types of things. Is stock delusion good or bad? Make up your mind.