Archer Aviation is facing turbulent skies after its stock plummeted 10.9% Monday and is sliding an additional 5% in morning trading Tuesday. The sharp decline follows troubling news from two fronts.
These developments have shaken investor confidence, but do they warrant abandoning Archer’s stock? Despite the short-term turbulence, Archer’s progress in eVTOL development, its commercial launch timeline, and robust financial position suggest a promising long-term outlook.
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