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Joby shares fall ~2% after cross-country autonomous flight

Joby Aviation’s JOBY shares fell about 2% in morning trading Friday despite completing an autonomous cross-country flight from California to North Carolina.

JOBY

Joby Aviation NYSE:JOBY shares fell about 2% in morning trading Friday even after the company completed a cross-country autonomous flight, indicating investors remain cautious about its automated aviation plans. A converted Cessna Caravan traveled 3,199 miles from California to North Carolina.