Yahoo Finance [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
After having been up as much as 16.4%, the electric flying-taxi company's share price ended the daily session down 1.5%. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) fell 3%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended the day down 3.6%. Archer Aviation stock initially saw big gains in today's daily session following bullish coverage from Cantor Fitzgerald. The firm reiterated an overweight rating on the stock, which is equivalent to a buy rating. It also raised its one-year price target on the stock from $10 per share to $13 per share. But Archer wasn't able to hold on to the gains driven by the positive analyst coverage. The Federal Reserve announced another 25-basis-point cut for interest rates today -- a move that was widely anticipated. The benchmark interest rate has now been lowered to 4.25%, but comments from Fed chairman Jerome Powell wound up powering a dramatic swell in bearish sentiment. While significant progress has been made on combating inflation, Powell made c
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ACHR
News
- Why Archer Aviation Stock Skyrocketed Today [Yahoo! Finance]Yahoo! Finance
- 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
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