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Stock impact report

Great News For Archer Aviation Investors. Time to Buy? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Archer Aviation (NYSE: ACHR) has announced that it's received the "Part 135 Air Carrier & Operator certificate" from the U.S. Federal Aviation Administration (FAA), allowing it to begin commercial operations. Don't grab your carry-on just yet, as Archer's "Midnight" eVTOL aircraft is still awaiting a separate certification. Nevertheless, investors should welcome this development, with the company reaffirming 2025 as its target to debut passenger services. With shares of Archer Aviation currently trading near a 52-week low, every bit of good news can help. So is the stock now cleared for takeoff? Here's what you need to know. The vision of an Urban Air Mobility network Archer Aviation is making progress toward launching its vision for a global Urban Air Mobility (UAM) network. The Midnight eVTOL is seen as a game changer for transportation, capable of carrying four passengers and a pilot at speeds of up to 150 miles per hour. The concept addresses traffic congestion by offeri Show less Read more
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