Why Archer Aviation Stock Skyrocketed Today [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
The company's share price ended the abbreviated daily trading session up 15.1%. Archer Aviation surged today following some big news in the defense industry. According to a report from The Financial Times Palantir (NASDAQ: PLTR) is teaming up with defense-tech innovator Anduril to form a new consortium that aims to make big waves in the defense space -- and it could have implications for Archer. Are Palantir and Anduril about to shake up the defense industry? Palantir and Anduril are reportedly aiming to create a new power block in the defense industry. The FT 's report says the two companies are talking to businesses including OpenAI, SpaceX, Scale AI, and Saronic to form a defense consortium that aims to challenge industry stalwarts, including RTX Lockheed Martin , and Boeing Palantir and Anduril are innovation-focused players in the defense industry, with the former company being a leader in artificial intelligence ( AI ) software and the latter working on unmanned vehicles
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ACHR
News
- 1 Reason Archer Aviation May Be a Screaming Buy in 2025 [Yahoo! Finance]Yahoo! Finance
- Here's My Only Major Concern With Archer Aviation [Yahoo! Finance]Yahoo! Finance
- Archer: Abu Dhabi First City With Commercial EVTOL Air Taxis In 2025 [Forbes]Forbes
- Cathie Wood Just Bought 5 Million Shares of Archer Aviation. Should You Follow Her Lead While The Stock Trades Below $10? [Yahoo! Finance]Yahoo! Finance
- Archer Completes Construction of High-Volume Manufacturing FacilityBusiness Wire
ACHR
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/19/24 - Form SCHEDULE
- ACHR's page on the SEC website