Why Archer Aviation Stock Is Plummeting Today
Archer Aviation (ACHR) The Motley Fool·2024-12-02 17:33
Is Archer Aviation's incredible run coming to an end?Archer Aviation (ACHR -24.87%) is falling fast in Monday's trading. The flying-taxi specialist's share price was down 26.2% as of 12:15 p.m. ET.Archer Aviation is sinking today in conjunction with surging short interest on the stock. On the heels of explosive gains over the last month, some investors are now placing big bets that the company's share price will go down in the near term.Short interest is rising on Archer AviationEven with today's big sell-o ...