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JOBY
Benzinga
3 hrs

Jim Cramer: Joby Is 'Losing Too Much Money'

1. Jim Cramer highlights Joby Aviation's financial struggles. 2. Joby reported a quarterly loss of 48 cents per share, missing estimates. 3. Despite losses, Joby shares rose 3.7% to $16.35 on Tuesday. 4. Amphenol's strong earnings contrast Joby's mixed financial performance.

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FAQ

Why Bearish?

Joby’s larger-than-expected losses could deter investors. Historical patterns show stocks often drop post-earnings misses.

How important is it?

The article provides critical performance insights impacting Joby’s investor sentiment and stock performance.

Why Short Term?

Immediate investor reactions are likely due to the recent earnings report. Market volatility could influence short-term perceptions.

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