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ACIC - Joby Aviation: Expect Turbulence
August, 09 2021 05:07 AM
Atlas Crest Investment Corp. Class A
Joby Aviation is set for a ticker change to "JOBY" on August 11. The ticker change may cause some rough turbulence on the stock price. There are three reasons for this: overvaluation, diminishing eVTOL sentiment, and potential future dilution. I expect prices to decline to the $8 region. For further details see:
Joby Aviation: Expect Turbulence
Stock Information
Company Name:
Atlas Crest Investment Corp. Class A
Stock Symbol:
ACIC
Market:
NYSE
Website:
upcinsurance.com
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