Joby Aviation Files Resale Prospectus for 2.4 Million Earn-Out Shares Tied to Blade Acquisition
Joby Aviation stock edges higher as investors weigh a 2.42 million-share resale filing, flight demos and bearish technicals.
Joby Aviation is getting ready to sell some shares that came from buying another company. This tells us the company is moving forward with its deal, but we should watch if selling many shares at once pushes the stock down.
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