Cathie Wood's ARK Invest Increases Stake in Joby Aviation

Cathie Wood's ARK Investment Management has continued its purchasing streak of Joby Aviation stock. The investment firm's funds acquired an additional 138,513 shares of the electric aircraft developer on Tuesday. This move follows a more substantial purchase of over 1.6 million shares the previous day. These acquisitions signal strong and continued confidence from the high-profile investor in the emerging eVTOL market. Joby Aviation is a key player developing all-electric vertical take-off and landing aircraft for future air taxi services.

Official Source: https://www.tipranks.com/news/joby-dkng-cathie-wood-adds-more-joby-aviation-and-draftkings-shares

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