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3 Aircraft Makers on the Rise: ACHR, JOBY, RCAT
Schaeffers Investment Research·2025-05-13 19:39

Group 1: Archer Aviation Inc (ACHR) - Archer Aviation's shares increased by 22.7% to $11.14 following positive first-quarter earnings results [1] - The stock has been on an upward trend since early April, rebounding from a 320-day moving average at $5.50 [1] - ACHR is experiencing its best trading day since November and has gained 14.2% year-to-date, marking its highest levels since mid-February [1] Group 2: Options Activity - ACHR is among the most actively traded stocks in the options market, with 170,000 calls and 62,000 puts exchanged, five times the average options volume [2] - The May 11 call option is the most popular, with new positions being opened [2] Group 3: Joby Aviation Inc (JOBY) - Joby Aviation's shares rose by 2% to $7.15, marking its fifth consecutive winning session [3] - The company's first-quarter earnings were deemed "unimpressive," with losses of 18 cents per share matching estimates and revenue missing expectations [3] - Despite the disappointing earnings, JOBY's stock rose 3.4% in the post-earnings session [4] Group 4: Red Cat Holdings Inc (RCAT) - Red Cat Holdings' shares increased by 4.2% to $6.41, also aiming for a fifth consecutive gain [4] - The stock is facing potential resistance at the 80-day moving average, which is above its current price [4] - Year-to-date, RCAT's stock has decreased by 50% [4]