Archer Aviation Stock News

Buying these two electric aircraft makers could be like buying Tesla early on.

Admittedly, Archer Aviation (NYSE:ACHR) is not a “political” stock.

Archer Aviation NYSE: ACHR is a frontrunner in the fledgling electric vertical takeoff and landing (eVTOL) aircraft sector. Archer Aviation's stock price has soared after inking a major deal with a Japanese aviation giant and reporting solid earnings for the third quarter of fiscal year 2024.

Over the last week, Cathie Wood bought over 2 million shares of Archer Aviation.

Archer Aviation Inc. (NYSE:ACHR ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Eric Lentell - General Counsel Adam Goldstein - Founder and CEO Priya Gupta - Interim CFO Billy Nolen - Tom Muniz - CTO Conference Call Participants Anand Balaji - Cantor Fitzgerald Savi Syth - Raymond James Bill Peterson - JPMorgan Edison Yu - Deutsche Bank Savi Syth - Raymond Ja...

Archer Aviation just served up some very encouraging news for investors.

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $ACHR #Archer--Archer Aviation Inc. (NYSE: ACHR) and Soracle Corporation (Soracle), a joint venture newly established by Japan Airlines and Sumitomo Corporation, signed agreements focused on bringing advanced air mobility (AAM) services to Japan. Soracle plans to launch its AAM operation in Japan using Archer's Midnight aircraft, with the goal of offerin...

Tesla makes electric cars, while Archer Aviation makes electric aircraft.