Archer Aviation's Stock Rises And Falls Faster Than Its Air Taxi eVTOL

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 ...