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Shares of air taxi start-up stock Archer Aviation (NYSE: ACHR) soared 6% through 10:50 a.m. ET on Friday, and it's no great secret why:
"Cathie Wood loves Archer Aviation."
You all remember that famous scene from the movie Wall Street , right? Where Charlie Sheen's character starts a bull run on the fictional Anacott Steel by phoning in a tip that someone is buying up the shares?