Archer Aviation Keeps Falling. Is the eVTOL Stock Too Cheap to Ignore?
Core Viewpoint - Archer Aviation's stock experienced a significant decline following its third-quarter earnings report and the announcement of acquiring Hawthorne Municipal Airport for $126 million [1] Company Summary - Archer Aviation reported its third-quarter earnings, which led to a negative market reaction reflected in the stock price drop [1] - The company announced the acquisition of Hawthorne Municipal Airport in Los Angeles for $126 million, which was unexpected and contributed to the stock's decline [1]