Why Archer Aviation Stock Took Flight on Monday
Shares of Archer Aviation (NYSE: ACHR) charged sharply higher Monday morning, gaining as much as 19.8%. As of 12:50 p.m. ET, the stock was still up 18.9%.
The catalyst that sent the electric vertical takeoff-and-landing (eVTOL) aircraft specialist higher was the launch of the company's jointly developed autonomous vertical lift aircraft.
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Source Fool.com
