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Archer Aviation (NYSE: ACHR) stock posted big gains in Thursday's trading. The flying taxi company's share price closed out the day up 10.1% and had been up as much as 20.3% earlier in the session.
As you can see from the chart below, the stock went parabolic shortly after the Needham note came out, soaring nearly every session after Nov. 18. ACHR Chart ACHR data by YCharts.
But the doubling of the stock in a month prices in a lot of good news. What's perhaps most notable here is that this start-up company is bleeding red ink. In the third quarter of 2024, it lost ...
Archer Aviation (NYSE: ACHR) stock is making big gains in Thursday's trading. The company's share price was up 11.4% as of 3:30 p.m. ET and had been up as much as 13.7% earlier in the day's session.
Archer Aviation (NYSE: ACHR) stock plummeted in Monday's trading. The flying-taxi company's share price closed out the daily session down 23.7% and had been down as much as 28.7% earlier in the day.
An analyst just weighed in on Archer Aviation stock with some very bullish coverage.