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Joby Aviation (JOBY) Stock Falls 6% After $500M Resonant Sciences Acquisition – Here’s Why
By Trader Edge at 2026-10-03 20:25
Sentiment: Positive
TLDR Joby Aviation agreed to acquire defense tech firm Resonant Sciences for ~$500 million ($450M cash, $50M stock) JOBY stock fell 6.5% in premarket trading on the news Joby also launched a new at-the-market equity program worth up to $750 million, raising dilution concerns Upon closing, Resonant will become Joby’s dedicated defense division; commercial air [...] The post Joby Aviation (JOBY) Stock Falls 6% After $500M Resonant Sciences Acquisition – Here’s Why appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central