ACHR Stock Alert: Archer Signs New Deal With NASA
Archer Aviation (ACHR) InvestorPlace·2024-01-22 14:46
Archer Aviation (NYSE:ACHR) is in the spotlight after signing a new deal with NASA. The agreement with the agency is likely to significantly boost investors’ confidence in the company, which is developing electric vertical take-off and landing (eVTOL) aircraft. In the wake of the announcement, ACHR stock is climbing 10% in early trading.Although ACHR stock is still down 13% for the past month, it is up 22% for the past six months.Archer’s DealsUnder the agreement, ACHR and NASA will jointly develop “battery ...