Archer and Joby Shares Climb After Successful Flight Demonstrations at the Salinas Airshow This Weekend
Shares of Archer (ACHR) closed up 17.89% at $13.64, while Joby (JOBY) rose 7.17% to $19.57.
(Salinas, California) Shares of electric vertical takeoff and landing (eVTOL) developers Archer Aviation (NYSE: ACHR) and Joby Aviation (NYSE: JOBY) rose higher in trading today, after both companies demonstrated successful flights of their respective eVTOL aircraft at the Salinas Airshow in California this weekend.
Photo of Joby’s display at the Salinas Airshow courtesy of The Monterey Herald.
Updated as of 5.20pm ET
Shares of Archer (AHCR) closed up 17.89% at $13.64, while Joby (JOBY) rose 7.17% to $19.57.
** Not investment advice; neither The FLY Report nor FLYJETS – nor any associated individual – is a registered investment advisor.
