Archer Aviation continues business progress despite 50% stock price drop
ACHR Archer Aviation Inc
$4.07 -4.68%
View chart & analysis → - 1Archer Aviation's stock price recorded a 50% decline from approximately $8 at the beginning of the year to approximately $4.
- 2Archer Aviation completed more than 70 test flights in August.
- 3Archer Aviation recently announced plans to acquire Whisk Aero, SkyGrid, and InSitu from Boeing.
So what's the key point?
Archer Aviation's stock price has fallen by half this year. However, the company is continuing its business by completing many test flights and acquiring companies.
Source The Motley Fool +1 · View original ↗
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