The investment landscape has transformed since the presidential election, with small-cap stocks gaining momentum. The Russell 2000 index, which tracks the performance of roughly 2,000 smaller publicly traded U.S. companies, has outperformed the S&P 500 by 3.4% since election day, as of Nov. 29, 2024. This surge suggests renewed investor interest in emerging growth companies, particularly as a potential shift toward reduced regulation could benefit innovative enterprises in the United States.In this dynamic ...

Is today's big Archer Aviation sell-off a buying opportunity for investors worried about missing out on the stock?Archer Aviation (ACHR -23.72%) stock plummeted in Monday's trading. The flying-taxi company's share price closed out the daily session down 23.7% and had been down as much as 28.7% earlier in the day. For comparison, the S&P 500 (^GSPC 0.24%) and Nasdaq Composite (^IXIC 0.97%) closed out the day up 0.2% and 0.9%, respectively.Archer Aviation faced bearish pressures along multiple lines today. Fo ...

Archer Aviation's (ACHR -23.72%) electric vertical takeoff and landing (eVTOL) vehicles are still grounded, but the stock was taking flight last month as enthusiasm for the new short-distance transportation technology mounted. According to data from S&P Global Market Intelligence, the stock finished last month up 204%.A surge in the second half of the month came after Needham initiated coverage on the stock with a buy rating after the Federal Aviation Administration (FAA) issued a new set of rules in Octobe ...

Archer Aviation Midnight flight testArcher AviationIt has been a turbulent 30 days in the stock market for Archer Aviation (ACHR), one of several hopefuls in the emerging electric air taxi field. On November 5th, its share price clocked in at $3.25. By one point on November 29th, it was priced at $9.75, a 200% increase in just over 3 weeks. On that day alone, the stock closed up 18% from the previous day’s close.But quicker than you can say electric vertical takeoff and landing (eVTOL), the stock price lost ...

Group 1 - Archer Aviation's stock is experiencing a significant decline, down 26.2% in a single trading day, following a period of explosive gains [1] - The stock is still up approximately 115% over the last month, driven by bullish analyst coverage and a favorable outlook for the flying-taxi industry [2][3] - The recent rally was largely influenced by meme stock dynamics and investor sentiment rather than fundamental business developments [3] Group 2 - Archer Aviation is currently in a pre-revenue state, with around $6 billion in orders for its Midnight vehicles, but it requires regulatory approvals and successful commercialization [5] - Rising short interest indicates that some investors are betting against the stock, which could lead to valuation pressures, but it also presents the potential for a short squeeze if the stock price rises again [6]

Core Viewpoint - Millennium Management has significantly reduced its stake in Rivian Automotive by 95% and initiated a position in Archer Aviation, indicating a strategic shift in investment focus within the electric vehicle sector [1][2]. Group 1: Rivian Automotive - Millennium sold approximately 4.6 million shares of Rivian during the third quarter, reflecting a major divestment from the company [2]. - Rivian's production and delivery trends have been inconsistent, with management's efforts appearing to be short-term fixes rather than sustainable solutions [4]. - For the quarter ended September 30, Rivian reported a loss of $39,130 per vehicle delivered, marking the lowest gross profit per vehicle for 2024 [6]. - Potential changes in EV tax credits under the Inflation Reduction Act could further hinder Rivian's ability to drive demand, especially as the company struggles to compete with Tesla [7][8]. Group 2: Archer Aviation - Millennium acquired 3,247,428 shares of Archer Aviation, a company focused on developing electric air taxis [9]. - Archer has a purchase order book exceeding $6 billion, indicating strong demand from major clients like United Airlines and the U.S. military [10]. - Despite a 54% increase in share price in 2024 and a market capitalization of $4.1 billion, skepticism remains regarding Archer's prospects until it begins commercial operations [11]. - The investment in Archer represents a minor position for Millennium, comprising less than 0.1% of its entire portfolio, suggesting a cautious approach to this speculative investment [12].

The stock has nearly doubled over the past few weeks on optimism the company is getting closer to getting its eVTOL taxi business off the ground.Advancements in technology are creating new industries worth billions of dollars. Society is on the precipice of electric vertical takeoff and landing (eVTOL) transportation -- electric flying taxis that can help people get around in densely populated areas without further clogging up highways.Archer Aviation (ACHR 23.84%) is one of the companies vying for a top sp ...

Three powerful catalysts make this high-flying eVTOL stock worth holding despite traditional profit-taking rules.Conventional trading wisdom suggests selling half your position when a speculative growth stock doubles. This "sell-half" rule helps lock in profits while letting winners ride, protecting investors from the violent reversals common in early stage companies. Yet despite my 106% gain on Archer Aviation (ACHR 4.50%) from my $2.92 average cost basis, built through careful position scaling during mark ...

The energy and transportation sectors have seen massive disruption in the 21st century. From electric vehicles like Tesla to ride-sharing platforms like Uber Technologies, people have many different ways to get around these days. Some of these purported disrupters have made millionaires out of their shareholders. Others, such as the embattled hydrogen fuel cell truck company Nikola, have lost shareholders a lot of money.Then what are investors to think of electric vertical take-off and landing (eVTOL) taxis ...

One analyst is bullish on the eVTOL market later this decade. Shares of electric flying taxi company Archer Aviation (ACHR 5.71%) rallied a whopping 40.6% this week through Thursday trading, according to data from S&P Global Market Intelligence. Archer is an electric vertical takeoff and landing (eVTOL) taxi company that is pre-revenue, and was a darling of the pandemic bubble. Shares have seen been severely beaten-down, and were recently down about 80% below their highs reached shortly after their public d ...