ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for pro Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
Archer Aviation Inc

Archer Aviation Inc (ACHR)

9.49
1.07
(12.71%)
Closed December 21 4:00PM
9.68
0.19
(2.00%)
After Hours: 7:59PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
9.68
Bid
-
Ask
-
Volume
70,232,747
8.18 Day's Range 10.00
2.8206 52 Week Range 10.58
Market Cap
Previous Close
8.42
Open
8.25
Last Trade
9
@
9.7
Last Trade Time
Financial Volume
$ 638,986,747
VWAP
9.0981
Average Volume (3m)
29,885,906
Shares Outstanding
425,272,673
Dividend Yield
-
PE Ratio
-8.82
Earnings Per Share (EPS)
-1.08
Revenue
-
Net Profit
-457.9M

About Archer Aviation Inc

Archer Aviation Inc advances the benefits of sustainable air mobility. It is creating the electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. It is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraf... Archer Aviation Inc advances the benefits of sustainable air mobility. It is creating the electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. It is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for around 60 miles at speeds of up to 150 mph while producing minimal noise. Show more

Sector
Aircraft
Industry
Aircraft
Website
Headquarters
Wilmington, Delaware, USA
Founded
-
Archer Aviation Inc is listed in the Aircraft sector of the New York Stock Exchange with ticker ACHR. The last closing price for Archer Aviation was $8.42. Over the last year, Archer Aviation shares have traded in a share price range of $ 2.8206 to $ 10.58.

Archer Aviation currently has 425,272,673 shares outstanding. The market capitalization of Archer Aviation is $3.58 billion. Archer Aviation has a price to earnings ratio (PE ratio) of -8.82.

Archer Aviation (ACHR) Options Flow Summary

Overall Flow

Bullish

Net Premium

1M

Calls / Puts

430.77%

Buys / Sells

90.63%

OTM / ITM

60.47%

Sweeps Ratio

1.45%

ACHR Latest News

Archer Completes Construction of High-Volume Manufacturing Facility

Earlier this week Archer received the certificate of occupancy for its ~400,000 square foot aircraft manufacturing facility—referred to as ARC—in Covington, GA and held a commemorative ribbon...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
12.1829.06666666677.510.587.33657241018.72391201CS
43.659.21052631586.0810.585.74557308447.91105312CS
126.69223.7458193982.9910.582.85298859066.2899462CS
266.58212.2580645163.110.582.8206192650275.59700982CS
523.1247.56097560986.5610.582.8206122472235.36671567CS
1563.1648.46625766876.5210.581.6263732615.14175957CS
260-0.22-2.222222222229.910.581.6260198465.17769767CS

ACHR - Frequently Asked Questions (FAQ)

What is the current Archer Aviation share price?
The current share price of Archer Aviation is $ 9.68
How many Archer Aviation shares are in issue?
Archer Aviation has 425,272,673 shares in issue
What is the market cap of Archer Aviation?
The market capitalisation of Archer Aviation is USD 3.58B
What is the 1 year trading range for Archer Aviation share price?
Archer Aviation has traded in the range of $ 2.8206 to $ 10.58 during the past year
What is the PE ratio of Archer Aviation?
The price to earnings ratio of Archer Aviation is -8.82
What is the reporting currency for Archer Aviation?
Archer Aviation reports financial results in USD
What is the latest annual profit for Archer Aviation?
The latest annual profit of Archer Aviation is USD -457.9M
What is the registered address of Archer Aviation?
The registered address for Archer Aviation is 251 LITTLE FALLS DRIVE, WILMINGTON, DELAWARE, 19808
What is the Archer Aviation website address?
The website address for Archer Aviation is www.archer.com
Which industry sector does Archer Aviation operate in?
Archer Aviation operates in the AIRCRAFT sector

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
VNCEVince Holding Corp
$ 4.70
(69.06%)
1.06M
SRFMSurf Air Mobility Inc
$ 3.33
(23.79%)
376.77k
BBBlackBerry Limited
$ 3.685
(23.66%)
40.8M
ALURAllurion Technologies Inc
$ 0.3439
(22.87%)
744.34k
CLWClearWater Paper Corporation
$ 30.26
(22.46%)
3.5M
IIPRInnovative Industrial Properties Inc
$ 73.50
(-22.91%)
3.15M
KUKEKuke Music Holding Limited
$ 0.31
(-20.51%)
61.21k
NVONovo Nordisk
$ 85.00
(-17.83%)
53.78M
CANGCango Inc
$ 5.08
(-11.81%)
2.27M
BNEDBarnes and Noble Education Inc
$ 9.965
(-10.31%)
1.52M
QBTSD Wave Quantum Inc
$ 6.638
(4.21%)
124.42M
PFEPfizer Inc
$ 26.36
(2.29%)
116.33M
APOApollo Global Management Inc
$ 171.03
(0.83%)
94.52M
TAT&T Inc
$ 22.75
(0.80%)
93.94M
FFord Motor Company
$ 9.885
(1.49%)
87.66M

ACHR Discussion

View Posts
double_m double_m 2 days ago
$ACHR Useless complaining how SP is down over 5% on very good news. 2025 will be huge on news of production started!

Archer Completes Construction of High-Volume Manufacturing Facility
December 19 2024 - 8:30AM

Earlier this week Archer received the certificate of occupancy for its ~400,000 square foot aircraft manufacturing facility—referred to as ARC—in Covington, GA and held a commemorative ribbon cutting ceremony

Tooling load-in is already underway ahead of the planned start of initial production beginning in early 2025, with the goal being to ramp production to a rate of two aircraft per month by the end of the year

Stellantis and Archer are working to finalize an agreement pursuant to which Stellantis would work with Archer as its exclusive contract manufacturer to mass produce Archer’s Midnight eVTOL aircraft at this facility, contributing capital, advanced manufacturing technology and expertise and experienced personnel with the goal of scaling this facility to 650 aircraft annually by 2030

https://ih.advfn.com/stock-market/NYSE/archer-aviation-ACHR/stock-news/95131029/archer-completes-construction-of-high-volume-manuf
👍️ 3
double_m double_m 3 days ago
WTH!!! The Fed just can't let things be!!!
👍 1
Idiot Mayor Idiot Mayor 3 days ago
So much for the Reddit folks…😂😂😂😂😂
👍️0
Idiot Mayor Idiot Mayor 3 days ago
There are zero shorts in profit today. It’s ALL margin call territory. Heavy buying now triggers the squeeze!! Just saying, all you Reddit folks….
👍️0
wiwineguy wiwineguy 3 days ago

https://www.cnbc.com/video/2024/12/12/archer-ceo-adam-goldstein-trump-2-point-0-will-help-the-u-s-maintain-its-position-as-an-aviation-leader.html?__source=androidappshare
👍 1
Idiot Mayor Idiot Mayor 3 days ago
Blue sky above baby! With a high short position in place!! That means NONE of the shorts are in profit….. This could head to the teens RAPIDLY if they start to cover.
👍 4
wiwineguy wiwineguy 3 days ago
ACHR  will explode in 2025.  

Top 10 Stocks to Buy NowFree Article Why Archer Aviation Stock Could Trounce the S&P 500 in 2025By George Budwell – Dec 18, 2024 at 6:30AMKey PointsArcher's exclusive partnership with defense-tech leader Anduril positions the company to capture lucrative military contracts while advancing its commercial ambitions.A strategic $430 million capital raise, backed by United Airlines, Stellantis, and institutional powerhouse Wellington Management, validates Archer's commercialization strategy.Despite the stock's 185% surge over the past 90 days, Archer’s shares still appear significantly undervalued.Buy Alert: Our 10 best stocks to buy right now (see the list)The electric vertical takeoff and landing (eVTOL) industry represents the next frontier in aviation, with JPMorgan analysts projecting a $1 trillion market opportunity by 2040. Among the companies vying to capture this massive potential, Archer Aviation (ACHR 2.48%), valued at $3.88 billion, stands out through two transformative developments that reshape its growth trajectory. Namely, the company has forged an exclusive partnership with defense technology innovator Anduril while completing a strategic $430 million capital raise that solidifies its top-tier position within the industry.

👍 1
georgie18 georgie18 5 days ago
ACHR...$9.09...🥳...Bullish Psar flip...watch for $10 Breakout...imo we shall see...

georgie18

Member Level
Re: georgie18 post# 904

Friday, December 13, 2024 3:20:38 PM

Post#
905
of 906
ACHR...$8.52...HOD...🥳

georgie18

Member Level
Re: None

Friday, December 13, 2024 9:35:13 AM

Post#
386926
of 386955
ACHR...$8.22...🥳...Starting up again...
👍️0
double_m double_m 7 days ago
Is It Too Late to Buy Archer Aviation Stock?
Story by Neil Rozenbaum • 6h • 2 min read

In this video, I will cover the recent updates regarding Archer Aviation (NYSE: ACHR). Watch the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Dec. 13, 2024. The video was published on Dec. 13, 2024.
Big News For Archer Aviation Stock Investors

https://www.msn.com/en-us/money/topstocks/is-it-too-late-to-buy-archer-aviation-stock/ar-AA1vQPDu?ocid=hpmsn&cvid=f63627d34b5944c1baeb67e93f048185&ei=140
👍️0
georgie18 georgie18 1 week ago
ACHR...$8.52...HOD...🥳

georgie18

Member Level
Re: None

Friday, December 13, 2024 9:35:13 AM

Post#
386926
of 386955
ACHR...$8.22...🥳...Starting up again...
👍️0
georgie18 georgie18 1 week ago
ACHR...$8.32...🥳

georgie18

Member Level
Re: georgie18 post# 666500

Monday, December 02, 2024 2:30:10 PM

Post#
666502
of 667762
ACHR...$7.18...🥳...Dip Opportunity...
👍️0
georgie18 georgie18 1 week ago
ACHR...$8.22...🥳...Starting up again...
👍️ 1
double_m double_m 1 week ago
https://www.msn.com/en-us/money/news/cathie-wood-s-ark-invest-dumps-another-15-3-million-tesla-shares-pivots-to-this-flying-taxi-startup/vi-AA1vO4lD?ocid=hpmsn&cvid=77720079fb6540c2a7b7ea0720107742&ei=125
👍️0
hyborianwar hyborianwar 1 week ago
are u an investor or a day trader with this.. lmao
👍️0
double_m double_m 1 week ago
Archer Aviation unveils new strategic partnership as part of its defense program
16m • 1 min read

Archer Aviation (NYSE:ACHR) announced on Thursday that it entered a strategic partnership with Anduril to develop a next-generation aircraft for defense applications.

The first product from the partnership is expected to be a hybrid-propulsion, vertical-take-off-and landing aircraft that will target a potential program of record from the United States Department of Defense.

Archer's (ACHR) ability to rapidly develop advanced VTOL aircraft using existing commercial parts and supply chains and Anduril's deep expertise in artificial intelligence, missionization, and systems integration is anticipated to accelerate speed to market for critical hybrid VTOL capabilities at a lower cost of more traditional alternatives.

The company said its efforts on the project will be part of its new Archer Defense program. To support the initiative and for other general corporate purposes, Archer (ACHR) raised $430 million in additional equity capital today, with participation from Stellantis (STLA), United Airlines (UAL), and new institutional investors, including Wellington Management and Abu Dhabi investment holding company 2PointZero.

https://www.msn.com/en-us/money/companies/archer-aviation-unveils-new-strategic-partnership-as-part-of-its-defense-program/ar-AA1vKaqf?ocid=hpmsn&cvid=d89246682ae84429b27486ae1db0146e&ei=41
👍️0
Idiot Mayor Idiot Mayor 1 week ago
Military production? Uh ohhhhhh….
👍️0
double_m double_m 1 week ago
Flying Taxis to Begin Trials in Al Ain by May 2025
Story by UAEMoments team • 13h • 2 min read

Flying taxis are set to take off in the UAE, with trials scheduled to begin in Al Ain by May 2025. Falcon Aviation Services, an Abu Dhabi-based company, plans to launch commercial air taxi services by January 1, 2026, according to CEO Ramandeep Oberoi.

Vertiports Planned in Key Locations
Falcon Aviation partnered with Archer Aviation, a US-based electric flying car manufacturer, in March 2024 to create cutting-edge vertiports. These facilities will be located at Atlantis, The Palm in Dubai, and Marina Mall heliport on Abu Dhabi’s Corniche.
The first passenger flights will use Archer’s Midnight flying taxis, traveling between these vertiports. The 30-minute journeys will take passengers over scenic water routes, offering breathtaking views of Dubai and Abu Dhabi.

Future Plans for Connectivity
Initial operations will focus on routes within Abu Dhabi, with plans to connect Abu Dhabi and Dubai by mid-2026. Future expansions aim to link Dubai and Ras Al Khaimah, catering to major destinations like the Wynn Resort project, and eventually include Al Ain.

"We’re building the market gradually,” said Oberoi, emphasizing the UAE’s strong road infrastructure as a complementary network.

Affordable Airfare Goals
Falcon Aviation aims to make flying taxis accessible, targeting fares of around Dh1,000 per passenger for Abu Dhabi-Dubai trips—about twice the cost of a regular taxi. Within cities, the goal is Dh300. However, Oberoi noted that these figures are still under negotiation and may change.

Slow and Steady Hiring Approach
The company is taking a measured approach to recruitment, relying on existing staff and bringing in specialized personnel from the US. Additional hires will include ground operations and engineering teams to manage vertiports and maintain the vehicles.
https://www.msn.com/en-us/travel/news/flying-taxis-to-begin-trials-in-al-ain-by-may-2025/ar-AA1vDOP5?ocid=hpmsn&cvid=2b3fab64aaad4acd88277681f3b45e4c&ei=124
👍️0
double_m double_m 2 weeks ago
Abu Dhabi to launch commercial electric air taxis
Story by GlobalData • 9Dec24 • 10:00

Archer Aviation has announced a multiparty collaboration with key United Arab Emirates (UAE) and Abu Dhabi entities to advance the establishment of commercial electric vertical-take-off and landing (eVTOL) air taxi services in the UAE capital.

Abu Dhabi is claimed to become the first city in the Middle East and North Africa to launch these types of services.

The Abu Dhabi Investment Office (ADIO), a principal signatory, will coordinate with various domestic bodies to prepare for the scheme's commercial launch.

The ecosystem for eVTOL development includes Abu Dhabi Airports, Falcon Aviation Services, Etihad Aviation Training, the UAE's General Civil Aviation Authority, Global Air Navigation Services, Global Aerospace Logistics, and the Integrated Transport Centre.

The collaboration delineates the roles and responsibilities of each party, setting the stage for definitive agreements between Archer and the commercial stakeholders.

This partnership builds upon a previous agreement with the ADIO to expedite the commercialisation of air taxis in the region.

ADIO director general Badr Al-Olama said: “We are pleased to see leading members of Abu Dhabi’s aviation sector collaborating with Archer to support the launch of air taxis in the emirate. This partnership marks a major milestone in the efforts led by Abu Dhabi’s Smart and Autonomous Systems Council to accelerate smart and advanced mobility solutions, further solidifying the emirate’s position as a global leader in smart and autonomous vehicles.”

Abu Dhabi Airports managing director and CEO Elena Sorlini added: “We are proud to support this pioneering collaboration, marking a significant step towards sustainable urban mobility in Abu Dhabi. This partnership reinforces our commitment to innovation and positions the emirate as a global leader in next-gen transportation, ensuring seamless connectivity for future passengers.”

In May this year, Archer Aviation launched its battery pack manufacturing site, the first of two facilities set to be completed in 2024.


"Abu Dhabi to launch commercial electric air taxis" was originally created and published by Airport Technology, a GlobalData owned brand.
https://www.msn.com/en-us/money/other/abu-dhabi-to-launch-commercial-electric-air-taxis/ar-AA1vyAEV?ocid=hpmsn&cvid=c3d6a76c811744038e4b53cc597254f8&ei=55
👍️0
conix conix 2 weeks ago
The short interest will be updated soon, but it will be only as of November 30
👍️0
bigfart bigfart 2 weeks ago
Just have to look for an entrance point
👍️0
stocksrising stocksrising 2 weeks ago
sorta kinda a double positive? lol ( Possible/Maybe)...thinking bout buying more today, any thoughts?
👍️0
bigfart bigfart 2 weeks ago
Possible $10 plus this week maybe
👍️0
double_m double_m 2 weeks ago
Abu Dhabi Investment Office (ADIO) to facilitate the safe launch of commercial eVTOL operations in Abu Dhabi as soon as possible
Amazing how other countries get things done faster than the US!!! SMH!
👍️0
blackcat blackcat 2 weeks ago
First to market is always a good thing.
The agreement’s goal is for Archer Aviation to be the first manufacturer of electric vertical-take-off-and-landing aircraft in the Middle East and North Africa (MENA) region and the first to launch commercial flying taxi operations in the Emirate.
👍️ 2
bigfart bigfart 2 weeks ago
Possible dumping at the bell
👍️0
bigfart bigfart 2 weeks ago
I'm looking for a good entrance point sometime today
👍️0
hyborianwar hyborianwar 2 weeks ago
those paper hands lol
👍️0
Idiot Mayor Idiot Mayor 2 weeks ago
News this morning. Same high short interest. Probably not enough for a squeeze, but it would be nice to see one. Perhaps this is the first of a one-two combo…
👍️0
bigfart bigfart 2 weeks ago
The cheapies are going about sold out
👍️0
bigfart bigfart 2 weeks ago
Golden Cross are you ready?
👍️ 1
bigfart bigfart 3 weeks ago
Most of the evtol stocks dropped yesterday could be a good entrance point in any of them
👍 1
rwwest rwwest 3 weeks ago
Stellantis Taps US Boss, Former CFO for Roles After CEO Exit
Stellantis NV appointed executives including North America boss Antonio Filosa to a committee taking over from ousted CEO Carlos Tavares, as the automaker works to fill a leadership void.

The group will be headed by Chairman John Elkann and shape decisions at the company until a new CEO is found, Stellantis said Dec. 2 in a statement, confirming an earlier Bloomberg News report. Members also include purchasing chief Maxime Picat, who will oversee China and the Leapmotor International venture, and Chief Financial Officer Doug Ostermann.

Former Stellantis CFO Richard Palmer was appointed as special adviser to Elkann and will be a “sounding board” for the company’s leadership, Stellantis said.
https://www.ttnews.com/articles/stellantis-roles-post-tavares
👍️0
blackcat blackcat 3 weeks ago
Oh that..I got that notification 11/20. I thought it was supposed to be something new.
👍️0
Idiot Mayor Idiot Mayor 3 weeks ago
Short interest still above 28%. At some point the MM’s will probably trigger panic selling from retail and then start covering. I’m waiting to see the short interest drop before re-entering (and re-entering big).
👍️0
stocksrising stocksrising 3 weeks ago
here's the full monty( ps.- buying on pullback, back to double digits closer to dec. 20th)


ARCHER AVIATION INC.
190 W. Tasman Drive
San Jose, California 95134

NOTICE OF SPECIAL MEETING OF STOCKHOLDERS
TO BE HELD FRIDAY, DECEMBER 20, 2024

The Special Meeting of Stockholders (the “Special Meeting”) of Archer Aviation Inc., a Delaware corporation (the “Company,” “we”, “our” or “us”), will be held virtually on Friday, December 20, 2024, 12:00 p.m. Pacific Time. You will be able to attend the Special Meeting online and submit your questions during the meeting by visiting www.virtualshareholdermeeting.com/ACHR2024SM and entering your 16-digit control number included on your proxy card or on the instructions that accompanied your proxy materials. The Special Meeting will be held for the following purposes:


1.
To approve an amendment to the Company’s Amended and Restated Certificate of Incorporation, dated as of September 16, 2021 (the “Amended and Restated Certificate of Incorporation”), to increase the number of authorized shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”) available for issuance from 700,000,000 to 1,400,000,000 (such proposal, the “Authorized Share Proposal”);


2.
To approve the issuance of 2,982,089 shares of Class A Common Stock (the “Stellantis Subscription Shares”) to Stellantis N.V. (“Stellantis”) pursuant to that certain Subscription Agreement, dated as of August 8, 2024, by and between the Company and Stellantis (the “Stellantis Subscription Agreement”) and the issuance of Class A Common Stock pursuant to the Stellantis Forward Issuance Agreement (as defined below), and the Stellantis Warrants (as defined below) in accordance with the listing rules of the New York Stock Exchange (the “NYSE”) (such proposal, the "Stellantis Share Issuance Proposal”);


3.
To approve an amendment to the Amended and Restated Certificate of Incorporation to add certain foreign ownership limitations to establish restrictions imposed by federal law related to U.S. air carriers (such proposal, the “U.S. Air Carrier Ownership Amendment Proposal”);


4.
To approve a proposal to adjourn the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Authorized Share Proposal, the Stellantis Share Issuance Proposal or the U.S. Air Carrier Ownership Amendment Proposal (such proposal, the “Adjournment Proposal”); and


5.
To transact such other business as may properly come before the Special Meeting or any continuation, postponement, or adjournment of the Special Meeting.

Holders of record of our Class A Common Stock and our Class B common stock, par value $0.0001 per share (the “Class B Common Stock”), as of the close of business on October 30, 2024 (the “Record Date”) are entitled to notice of and to vote at the Special Meeting, or any continuation, postponement, or adjournment of the Special Meeting. Each share of Class A Common Stock that you own represents one vote and each share of Class B Common Stock that you own represents ten votes. For questions regarding your stock ownership, you should contact your broker or, alternatively, if you do not hold shares through a broker, you may contact us at legal@archer.com, or our transfer agent, Continental Stock Transfer & Trust Company, through its website at https://continentalstock.com, by phone at (212) 509-4000, or by e-mail at cstmail@continentalstock.com. For ten days prior to the Special Meeting, a complete list of the stockholders entitled to vote at the Special Meeting will be available for examination by any stockholder for any purpose relating to the Special Meeting during ordinary business hours at our headquarters, at 190 W. Tasman Drive, San Jose, California 95134. The Special Meeting may be continued, postponed, or adjourned from time to time without notice other than by announcement at the Special Meeting.

It is important that your shares be represented regardless of the number of shares you may hold. Whether or not you plan to attend the Special Meeting online, we urge you to vote your shares via the toll-free telephone number or over the Internet, as described in the enclosed materials, or by signing, dating and mailing the enclosed proxy card in the enclosed return envelope. Promptly voting your shares will ensure the presence of a quorum at the Special Meeting and will save us the expense of further solicitation. Submitting your proxy now will not prevent you from voting your shares at the Special Meeting if you desire to do so, as your proxy is revocable at your option.
👍️ 1
stew1340 stew1340 3 weeks ago
Votes have to be received by 12 /19 /24 there are 4 proposals increase common class a, issuance of class a to Stellantis subscription agreement, stellantis warrants, incorporation to add certain foreign ownership limitations, approval to the special meeting. You will get letter if you have own for long time, i own and keep some for flippers. To all good luck. Got letter 11/26/24
👍️0
blackcat blackcat 3 weeks ago
Indeed. With a stock known for it's retracements. (which is apparently not a word)
Perhaps the poster could post the letter showing the date?
👍️0
lambchops lambchops 3 weeks ago
Guess we'll have to see where it goes from here. We have a director adding shares last week and a poster saying the company will be increasing shares.

LC

ACHR
👍️0
blackcat blackcat 3 weeks ago
None from Fidelity.
👍️0
Hitman970 Hitman970 3 weeks ago
No letter from Schwab
👍️ 1
jmgotch jmgotch 3 weeks ago
I have E*Trade.   No letter.  On my end 
👍️ 1
Idiot Mayor Idiot Mayor 3 weeks ago
Dead cat bounce coming?
👍️0
stew1340 stew1340 3 weeks ago
ACHR I just got a letter from E-trade they are asking to increase common shares, Joby just did that over a month ago.So that might cause a big pull back here. That may be the trigger JMHO
👍️ 2
PSYDOC PSYDOC 3 weeks ago
This might have some bearing on the uptick
Archer Hires UAE Leader From Abu Dhabi Executive Office and GCAA in Support of Plan to Commence In-country Service as Soon as Late Next Year
👍 1
Idiot Mayor Idiot Mayor 3 weeks ago
I’m just looking at this massive spike along with the steadily increasing short volume. A VERY rapid 300% gain (look at the one year chart) on no news coupled with short interest above 28%…. Market makers aren’t usually in the habit of losing money and it certainly seems they are setting this up. The alternative theory is that insiders have been leaking information and unexpected news is about to be released, which will trigger a short squeeze. Again, MM’s usually aren’t the big suckers in this situation.
👍 1
bigfart bigfart 3 weeks ago
There are quite a few evtol companies I imagine not all will make it and a lot will be bought up it's hard to decide which company to be in if there was an evtol ETF might be a good way to diversify no matter what flying taxis are definitely coming
👍️0
double_m double_m 3 weeks ago
There seems to be articles about the two leading eVTOL companies (this and J***) every time I open my Yahoo page. They are gaining on mostly speculation for '25. Huge gamble with the 2. There's no revenue, but institutional investors are pouring in the cash.
👍️0
double_m double_m 3 weeks ago
There seems to be articles about the two leading eVTOL companies (this and J***) every time I open my Yahoo page. They are gaining on mostly speculation for '25. Huge gamble with the 2. There's no revenue, but institutional investors are pouring in the cash.
👍️0
Idiot Mayor Idiot Mayor 3 weeks ago
A 10%+ gap up? Wow! That one year chart is scary as shit… All of this on no news. One of two things is happening: 1) someone knows something and this is the greatest evidence of insider trading ever or 2) we’re being set up for the mother of all short attacks.

Time will tell.
👍️0
double_m double_m 3 weeks ago
Archer Aviation Stock Rallies On Insider Buying Disclosure: Retail Stays Bullish

Shares of Archer Aviation Inc ($ACHR), a company specializing in electric vertical take-off and landing (eVTOL) aircraft, surged nearly 17% on Wednesday after investors cheered insider buying in the stock.

According to an SEC filing, director Deborah Diaz purchased 5,150 shares of the company at a price of $7.48, amounting to $38,522. Following the share purchase, Diaz now owns 98,886 shares of the company.
In the wake of the disclosure, Archer Aviation became the eighth most trending ticker on Stocktwits on Wednesday. Retail sentiment on Stocktwits continued to trend in the ‘bullish’ territory (65/100), accompanied by high retail chatter.

Retail chatter on Stocktwits indicated a lot of bullishness on the stock.

The company recently announced Talib Alhinai as its UAE lead. Alhinai, who currently serves on the board for the GCAA, the UAE’s aviation regulator, will be responsible for spearheading the planned launch of Archer’s electric air taxis in the region, the company said.

Meanwhile, during the third quarter, the company had announced a net loss of $115.3 million with cash and cash equivalents of $501.7 million.

Archer had said that going into 2025, its focus is on building piloted, type-design aircraft for use in testing and early commercial deployment. The firm also highlighted that it is nearing completion of Phase 3 of the FAA’s 4-phase type certification process while continuing to rapidly advance through Phase 4, the final phase to secure type certification.

Shares of Archer have gained over 41% on a year-to-date basis.
https://www.msn.com/en-us/money/topstocks/archer-aviation-stock-rallies-on-insider-buying-disclosure-retail-stays-bullish/ar-AA1uRIyw?ocid=hpmsn&cvid=c323f396781d48cca65a4b69bbe20c17&ei=111
👍️0