Archer Aviation Inc. (ACHR) Stock Sinks As Market Gains: Here's Why

In the latest trading session, Archer Aviation Inc. (ACHR) closed at $4.79, marking a -1.64% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.83%, while the tech-heavy Nasdaq appreciated by 0.39%.Prior to today's trading, shares of the company had lost 7.06% over the past month. This has lagged the Aerospace sector's loss of 0.01% and the S&P 500's gain of 2.97% in that time.Investors will be eagerly watching for the pe ...