Why Archer Aviation Stock Skyrocketed Today

Archer Aviation (ACHR 15.14%) stock posted explosive gains in Tuesday's trading, which saw the market close at 1 p.m. for the Christmas Eve holiday. The company's share price ended the abbreviated daily trading session up 15.1%.Archer Aviation surged today following some big news in the defense industry. According to a report from The Financial Times, Palantir (PLTR 2.09%) is teaming up with defense-tech innovator Anduril to form a new consortium that aims to make big waves in the defense space -- and it co ...