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Archer Aviation’s Stock Rises And Falls Faster Than Its Air Taxi eVTOL
It has been a turbulent 30 days in the stock market for Archer Aviation (ACHR). It could become even more whipsaw for the eVTOL air taxi maker in the days to come.
Why Archer Aviation Stock Skyrocketed 204% in November
Needham gave the stock a buy rating and a price target of $11, noting that industry momentum had reached a tipping point. Analyst Chris Pierce also said its $6 billion order book thanks to customers like United Airlines gave it confidence in the stock, and it saw a path to $3 billion in annual revenue.
Archer Aviation falls -28.2%
Archer Aviation (ACHR) is down -28.2%, or -$2.69 to $6.88.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks
52m
on MSN
Joby Stock Is Getting Crushed. Here’s What to Know.
Shares of several small capitalization aerospace and defense companies were down significantly in midday trading on Monday.
Paul Tan
14h
Honda eVTOL flying car to be shown at KLIMS 2024
While Honda is best known for its cars and motorcycles, the brand is no stranger to aviation either, and it will be showing ...
15h
An Uber in the air? Japan-based company says flying taxis will take to Greenville skies by 2028
SAI Flight Services has pre-ordered of 10 flying taxis, or eVTOLs, for Greenville Downtown Airport starting in 2028. They're ...
New Atlas
6d
Fast-charging lithium-sulfur battery for eVTOLs nears production
Researchers at Australia's Monash University are close to solving one of the biggest challenges with eVTOL aircraft. The team ...
10d
Air Taxi Funding Has Stalled Over Europe — Here’s Why
Europe's flying taxi leaders are burning through cash — and investors aren't rushing to fill the gap for eVTOL startups ...
7d
Joby Gets Toyota's $500M Dollar Lift: eVTOL Pioneer Making New Highs
Joby Aviation stock is soaring on news of an investment from Toyota. Bullish trend and technical indicators suggest continued ...
7d
Lilium's fall throws spotlight on air-taxi cash crunch
The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...
7d
Vertical Aerospace Soars: $50 Million Funding Boost And Debt Conversion Propel eVTOL Maker Forward
Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet ...
1d
China’s two-ton eVTOL debuts in Japan, boosting low-altitude intl cooperation
China's low-altitude sector has seen numerous start-ups intensify efforts to explore international markets, as AutoFlight, a ...
10h
on MSN
Billionaire Israel Englander Just Reduced Millennium's Stake in Rivian by 95% and Scooped Up This Other Cathie Wood Favorite EV Stock Instead
Israel Englander's Millennium Management significantly reduced its position in Rivian and plowed into a flying taxi start-up ...
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