Joby Aviation Surges to 188th in Trading Volume as eVTOL Hype Drives $484 Million in Shares Exchanged

On June 9, 2025, Joby Aviation (JOBY) saw a significant surge in trading volume, with a total of $484 million in shares exchanged, marking an 110.6% increase from the previous day. This surge placed Joby Aviation at the 188th position in terms of trading volume for the day. The stock price of Joby Aviation rose by 13.67%, marking the second consecutive day of gains, with a total increase of 22.09% over the past two days.

Joby Aviation's stock price soared following an executive order issued by the White House aimed at accelerating the development of electric vertical takeoff and landing (eVTOL) technology. This order has sparked a rally among Joby and its peers, as the industry anticipates increased investment and regulatory support for eVTOL technology.

H.C. Wainwright, a prominent investment firm, raised its price target for Joby Aviation from $9 to $13, maintaining a Buy rating on the shares. This adjustment reflects the firm's optimism about the company's prospects in light of the recent executive order and the growing interest in eVTOL technology.