VTOL Pullback may be Over

(24/7 MARKET NEWS) – The Vertical Take Off and Landing (VTOL) space has been one of the hottest sectors over the past few months and several of the listings that we covered more than doubled in that period, but recently pulled back for what appears to be a consolidation. If that’s correct, today may indicate that phase is complete and, if so, some of these listings may be ready to ride their next wave higher.

Joby Aviation Inc. (NYSE:JOBY) is at $6.96, up $0.57 (+8.92%), on 842,676 shares.

Archer Aviation Inc. (NYSE:ACHR) is at $3.55, up $0.16 (+4.72%), on 178,293 shares.

Lilium N.V. (NASDAQ:LILM) is at $1.3592, $0.0292 (+2.20%), on 384,133 shares.

It’s too early to call today a confirmation.

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