Archer Aviation: A Once-in-a-Decade Buying Opportunity?
Archer Aviation (ACHR) The Motley Fool·2024-11-12 22:53
The aviation upstart is trying to disrupt the transportation industry.Archer Aviation (ACHR 2.44%) has soared 22% in the last month. Investors are getting increasingly excited about high-growth companies with the Federal Reserve lowering interest rates and the S&P 500 taking off to new all-time highs seemingly every day. The stock went public through a special purpose acquisition company (SPAC) in 2021 and has since floundered.Now, it is starting to mount a comeback. At a measly share price of $3.92, is Arc ...