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Why Archer Aviation Stock Is Soaring Today

TheMotleyFool

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Why Archer Aviation Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/874744/archer-aviation-evtol-aircraft-on-tarmac-at-sunset-n703ax-achr-1.jpg

Archer Aviation (NYSE: ACHR) stock is soaring on Monday in a day of strong bullish trading for the broader market. As of 1 p.m. ET, the company's share price was up 9.8% in the daily session. Meanwhile, the S 500 had jumped 1.9%, and the Nasdaq Composite had surged 3.1%.

The stock market is roaring higher today thanks to news that the U.S. and Iran have reached a preliminary agreement to end the war. While Archer stock is getting a big pop today, it's actually still down 26% across 2026's trading.

Image source: Archer Aviation.

Source Fool.com

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