StartupsThe Motley Foolabout 4 hours ago
Down More Than 60% From Its High, Is Now the Time to Buy Archer Aviation Stock?
ByteBrief summary
1 min readArcher Aviation stock fell 60% from its 52-week high of $14.62 to $5.69. The company achieved FAA Phase 3 certification milestone for its Midnight eVTOL aircraft in April. Investors focus on FAA Type Certification as the path to revenue. Stock could rebound if certification is approved by regulators.
Level
Hype check
Tap to vote and see what everyone thinks.
