ACHR — Archer Aviation Inc. Class A Common Stock
Session close: $4.81. Regular-session share volume: 34,556,012. Change from previous close: +8.33%.
Key developments
Archer Aviation shares rose ahead of its third-quarter report, scheduled after the market close. Wall Street projected a wider per-share loss and lower revenue than the prior quarter, when sales beat estimates and the loss matched forecasts. The company had guided to a third-quarter adjusted EBITDA shortfall and held substantial liquidity.
Company news Archer Aviation Stock Climbs Ahead of Earnings: What's Next?
Prior-quarter commentary centered on Archer's push beyond air taxis, including deals to acquire three Boeing units and new offerings spanning unmanned aircraft and AI aimed at aerospace and defense.
Company news Archer Aviation Stock Climbs Ahead of Earnings: What's Next?
News sources
Company news Archer Aviation Stock Climbs Ahead of Earnings: What's Next?