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6 Reasons to Buy Archer Aviation Stock Like There's No Tomorrow
ACHRArcher Aviation (ACHR) The Motley Fool·2025-03-10 16:14

The fledgling eVTOL aircraft maker could still have a bright future.Archer Aviation (ACHR -8.51%), a developer of electric vertical take-off and landing (eVTOL) aircraft, hasn't impressed too many investors since it went public by merging with a special-purpose acquisition (SPAC) company on Sept. 20, 2021. The combined company's stock started trading at 9.40pershare,butitdidntinitiallygomuchhigherandsubsequentlysanktoanalltimelowof9.40 per share, but it didn't initially go much higher and subsequently sank to an all-time low of 1.63 on Dec. 27, 2022.Like many other SPAC-backed compa ...