Archer Aviation Sinks 11% While Quantum Computing Inc Fall 10% After Earnings
Two of the market's most closely watched speculative growth names got hit hard on Tuesday. Archer Aviation (Nasdaq: ACHR) fell 10.77%, closing at $6.71 from $7.52, while Quantum Computing Inc. (Nasdaq: QUBT) dropped 10.01%, closing at $7.73 from $8.59. Both companies reported earnings after the close on Monday, and neither report gave investors a reason to stay long into a rough tape. Archer's Numbers: Historic Milestone, Heavy Losses Watch whether either name stabilizes near current levels or continues to ...