Better Buy: Archer Aviation vs. Rocket Lab USA
Archer Aviation (ACHR) The Motley Fool·2024-09-29 13:10Which of these speculative aerospace stocks has a brighter future?Archer Aviation (ACHR 5.14%) and Rocket Lab USA (RKLB 12.54%) are both tiny aerospace companies that went public by merging with special purpose acquisition companies (SPACs) in 2021. Both stocks initially soared, but they crashed after the companies missed their pre-merger estimates and racked up steep losses.Archer Aviation and Rocket Lab USA now trade roughly 80% and 60%, respectively, below their record highs. Could either of these unlove ...