Modest Increase In AAM Stock Composite Masks Weakness

joby evtol

Joby finalized a $232 share sale in October.

Credit: Joby Aviation
The AAM Stock Composite rose 2.5% during the month of October, a modest result that masks deeper financial strain at many electric vertical-takeoff-and-landing (eVTOL) startups. The biggest gainer in October was EHang, the highest-priced stock in the unweighted composite, which rallied over 20% to...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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