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Stock impact report

If You'd Invested $10,000 in Archer Aviation Stock at Its IPO, Here's How Much You'd Have Today [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Investing in companies when they first become available to retail investors provides an opportunity to reap the rewards of young businesses as they start to grow and mature -- hopefully -- into well-established industry leaders. Such is the case with Archer Aviation (NYSE: ACHR) , which first traded on the New York Stock Exchange on Sept. 17, 2021, after merging with a special purpose acquisition company. Archer has made notable progress in its efforts to bring air taxi service to customers with its electric vertical take-off and landing aircraft. Yet, early investors haven't seen their investments soar in value, besieged instead by considerable turbulence. Why is that? And could this be an opportunity now? Archer stock has largely missed the mark since 2021 On the inaugural day, Archer shares opened at $9.90, rising as high as $10 but ending their first trading session at $9.48. Since then, the stock has steadily lost altitude and trades just above $3 a share. Investors who b Show less Read more
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