Archer Aviation Stumbles on Q2 Earnings, But Potential Remains
Archer Aviation (ACHR) MarketBeat·2024-08-19 20:38
The prospect of air taxis seemed like science fiction a decade ago. Now, they are evolving closer to being a regulated reality with the development of electric vertical take-off and landing (eVTOL) aircraft. Archer Aviation Inc. NYSE: ACHR is a leader in developing and commercializing eVTOLs. The stock took an 8% hit on its latest (lack of) earnings report, but shares are already starting to recover.Archer Aviation operates in the aerospace sector, competing with eVTOL makers like Joby Aviation Inc. NYSE: J ...