Why Archer Aviation Stock Soared This Week

Archer Aviation (ACHR 12.71%) stock posted big gains over the last week of trading. The flying electric vehicle (EV) specialist's share price closed out the week's trading up 10%, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 index ended the week down 2%, and the Nasdaq Composite index closed out the period down 2.3%.Even though the broader market saw big sell-offs after the Federal Reserve gave a more hawkish forecast for interest rates in 2025, Archer Aviation managed to cl ...