Here’s why Lilium, Archer Aviation, JOBY stocks have plunged

Electric Vertical Take-Off and Landing (eVTOL) stocks are not having a good year as investors dump unprofitable companies. Joby Aviation (NYSE: JOBY) stock price has crashed to $4.60, its lowest level since May 2023. It has retreated by over 61% from its highest point in 2023, erasing almost all gains it made during the year. […]