Why Archer Aviation Stock Plummeted This Week
Archer Aviation (NYSE: ACHR) stock got hit with big sell-offs over the last week of trading. The electric vertical take-off and landing (eVTOL) vehicle specialist's share price fell 15.7% from the previous week's market close.
After a big valuation surge in the previous week's trading, Archer Aviation stock lost ground this week. Despite the big sell-offs, the company's share price is still up roughly 15% year to date.
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Source Fool.com
