Shares of topsy-turvy air taxi stock and former special purpose acquisition company play Joby Aviation (NYSE: JOBY) took flight in Thursday-morning trading, rising 12.3% through 10:50 a.m. EDT. You can thank Morgan Stanley for that. In a note out this morning, investment banker Morgan Stanley initiated coverage of Joby stock with an overweight rating (which doesn't sound like it, but is actually a compliment) and a $16 price target.
NEW YORK & PALO ALTO, Calif., September 23, 2021--Morgan Stanley at Work today announced it has partnered with premier technology legal firm Wilson Sonsini Goodrich & Rosati to develop a new application programming interface ("API") that allows equity information for mutual clients to pass seamlessly between law firm and equity management provider. This industry-first API integrates Morgan Stanley at Work’s Shareworks platform ("Shareworks") and Wilson Sonsini’s new proprietary software platform
(Bloomberg) -- A senior Morgan Stanley currencies trader, whose unit was linked to an internal probe into suspected mismarking in 2019, has emerged as a partner in a new hedge fund backed by a real estate mogul in Brazil, filings show.Most Read from BloombergIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageHow the Child Care Crisis Became a Global Economic FiascoThe Global Housing Market Is Broken, and It’s Divi