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News 2026-10-06 03:47 UTC

Joby, Fervo Energy, PepsiCo Stocks Fall to 52-Week Lows

Shares of Joby Aviation Inc. (JOBY), Fervo Energy Co. (FRVO), and PepsiCo Inc. (PEP) declined to 52-week lows due to company-specific factors and broader economic pressures. Joby Aviation's stock, for example, dropped nearly 3% on Monday, influenced by high cash burn, insider selling, and macroeconomic headwinds.