AAM Stocks Cool Off After July 4 Rally

Shares in Joby Aviation have been on a tear since the company rolled out its partially conforming S4 prototype in late June.

Credit: Joby
The AAM Stock Composite cooled off by around 0.5% during the week ending July 7 following a massive rally that sent the index to a new 52-week high on July 5 as markets resumed trading after the holiday break. The rally in advanced air mobility (AAM) stocks has been ongoing since early May, although...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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