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Why Is Everyone Talking About Archer Aviation Stock?


When investors think about disruptive transportation, electric cars are often the first to come to mind. But another technology is starting to capture headlines: flying taxis. Archer Aviation (NYSE: ACHR) is one of the most prominent companies working to make this futuristic idea a reality. Backed by UnitedAirlines and Stellantis, Archer has gained enough momentum to attract attention across Wall Street.

The company has not yet produced meaningful revenue, and the risks remain sky high. But recent progress suggests Archer deserves a closer look.

Image source: Getty Images.

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Source Fool.com

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