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0 0 0.00735294117647065 0.00980392156862746 0.00980392156862746 0.00735294117647065 0.00245098039215681 -0.0147058823529411
Stock impact report

Is Archer Aviation a Millionaire Maker? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Almost all of that advance has come in just the few days following the company's third-quarter 2024 earnings release. It was a good earnings update in many ways, but investors should go in here cognizant of the risks that still exist for Archer and its shareholders. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » From a big-picture perspective, the company's goals are incredibly ambitious. First it is looking to create a new style of aircraft, an electric vertical takeoff and landing (eVTOL) short-haul plane. And it wants to use that plane to create an entirely new transportation business , air taxis. It isn't the only company working on such a project, but it is, impressively, getting closer and closer to both goals. This was highlighted in the third-quarter report. Archer Aviation's leading bullet points in its earnings news release tell a compelling story. Its factory is set for completion in the coming weeks, Show less Read more
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