Joby Aviation stock is down 0.4% to $4.68 in the afternoon session, extending a 27% monthly slide. Archer Aviation fell 32% over the past month to $3.87 and EHang dropped 29% to $3.35, suggesting sector-wide pressure on air taxi stocks. Over the same period, the ARK Autonomous Technology & Robotics ETF lost 11% and SPY fell 2%. Joby and Archer both need FAA certification before carrying paying passengers in the U.S., so regulatory progress or setbacks could affect both. The article argues one muted session is not enough to confirm a bottom, and says the next test is whether Joby reaches its next certification milestone.
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