Archer Aviation selected as official air taxi provider for 2028 Los Angeles Olympics
ACHR Archer Aviation Inc
$4.03 -6.93%
View chart & analysis → - 1Archer Aviation recorded a net loss of approximately $275 million in the third quarter.
- 2Archer Aviation is in the fourth and final stage of the FAA type certification process.
- 3If commercial flights are underway before the Olympics, the expected price per Archer share is projected at $10.
So what's the key point?
Archer Aviation reported a loss of approximately $275 million in the third quarter. However, experts expect the stock price to reach $10 if flights begin before the Olympics.
Source The Motley Fool +1 · View original ↗
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