Is Archer Aviation Stock a Buy Now?
Exciting times are ahead as flying taxis inch closer to becoming a reality. Archer Aviation (NYSE: ACHR) is at the forefront of this groundbreaking technology and is gearing up to launch its flying taxis for the first time this year in the United Arab Emirates.
This could be a monumental leap forward as Archer aims to take urban transportation to new heights. Archer Aviation stock is up 89% over the past year. However, recent market volatility has weighed on stocks overall, and Archer Aviation is now 43% below its 52-week high.
With stock trading at a cheaper price, investors may be tempted to scoop up some shares. Before you do that, there are a few things to consider first.
Source Fool.com
