ACHR Stock Alert: Buy Archer Aviation Before the Next Takeoff
ACHRArcher Aviation (ACHR) InvestorPlace·2024-03-01 19:20

Last summer, electric vertical takeoff and landing aircraft stocks experienced a resurgence in popularity, and Archer Aviation (NYSE:ACHR) was no exception. ACHR stock during this time surged from under 2pershare,topricesnearing2 per share, to prices nearing 7.50 per share. However, as I recently discussed, excitement about eVTOL stocks has declined more recently. In the case of this early-stage name in the space, this has resulted in ACHR landing back in “penny stock territory,” or a stock price under $5 per share. But while it ...