Update: Joby Aviation Shares Drop After Downgrade From HC Wainwright, Wider Q2 Loss

MT Newswires Live

2025/08/08

(Updates with latest stock move and stock downgrade in headline and first paragraph.)

Joby Aviation (JOBY) shares were down more than 9% in recent trading on Thursday after HC Wainwright downgraded the company's stock to neutral from buy.

The electric aircraft manufacturer reported a Q2 loss late Wednesday of $0.41 per diluted share, widening from the loss of $0.18 a year earlier.

Analysts polled by FactSet expected a loss of $0.19.

Trading volume stood at over 36.3 million shares against a daily average of about 32.1 million.

Price: 17.22, Change: -1.71, Percent Change: -9.03

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