Archer Aviation Pops Again. Can It Keep Gaining?
Archer Aviation (ACHR) The Motley Fool·2025-01-03 18:55
Archer Aviation (ACHR 18.44%) stock surged to close out 2024, and the electric vertical takeoff and landing (eVTOL) aircraft company is starting off 2025 on the right foot as well.The stock jumped Friday morning, seemingly in response to reports that the U.S. could restrict Chinese drones, which would favor U.S. companies like Archer.As of 10:53 a.m. ET, the stock was up 19.8% on the news. Archer is climbing againArcher Aviation stock caught fire shortly after the election as one of several meme stocks that ...