Sep. 4 at 8:12 PM
$ACHR Update mkt cap comparison after updating outstanding shares out.
JOBY has lost nearly 80% of it's mkt cap premium over ACHR in 12 months, while losing 10.5B in value, vs. ACHR losing
$2.2B (473% more loss for JOBY). JOBY has lost 61% of it's total value during that time, while ACHR declined 34%.
ACHR has a 51% upside to match JOBY's mkt cap, or
$2.95.
$8.66/sh for ACHR would match JOBY's market cap at
$6.74 (today's closing price for JOBY).
The issue, if you're a long JOBY shareholder is - you've lost 2X as much on your investment in the same 12 month period as ACHR shareholders, and 61% of the company's value has evaporated in 12 months. Their valuation lead over ACHR has declined by nearly 80% in 12 months - ouch, ouch, and ouch again.
