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The company will report earnings next Thursday, May 12, before market open. Archer is backed by prominent companies and investors, including Ark Invest, JPMorgan, Ron Baron, United Airlines and others. The stock is trading at a P/B ratio of 1.29, despite a reasonable cash burn and...
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Archer Aviation Inc. (NYSE: ACHR) will report its first quarter 2022 financial results before the market opens on Thursday, May 12, 2022. The Company will host a conference call and corresponding live webcast at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) to discuss the financial re...
The global eVTOL market is projected to reach $23.21 billion by 2028 up from $5.41 billion in 2021. JPMorgan sees Joby as a long-term winner after it initiated its first coverage of the company this week. Air mobility will play a key role in the transportation of the future as wel...
One of the most outspoken investors in the stock market today is arguably Cathie Wood. The investment manager of ARK Investment funds has taken out lofty bets on names like Tesla ( NASDAQ: TSLA ) and Teladoc Health ( NASDAQ: TDOC ), in addition to many other “cutting edge...
Shares of Archer Aviation (NYSE: ACHR) , a start-up manufacturer of electric vertical takeoff and landing aircraft (eVTOL), took off more like a rocket on Thursday, rising 13.2% through 11 a.m. ET. Investment bank JPMorgan had something to do with that. Image source:...
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Archer Aviation (NYSE:ACHR) pushed higher in early trading after JPMorgan initiated coverage with an Overweight rating. The firm said Archer Aviation is an emerging transportation company developing an electric propulsion vertical takeoff and landing aircraft intended for direct sales to comm...
The committee is a forum for United to share its expertise on maintenance and operational matters as Archer moves forward in its aircraft development process The committee will advise on the development of systems and features intended to improve operations and other ideas to furt...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Joby Aviation (NYSE: JOBY ): This electric rideshare company is not far from making flying taxis a reality. Archer Aviation (NYSE: ACHR ): Major airline deal makes this upstart a valid competitor in the ...
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Archer’s team has made rapid progress with the buildout of this nearly 400,000 square foot facility and remains on track to complete construction by the end of the year This facility will support Archer’s planned production in partnership with Stellantis of up to 650 Midnight ai...
2024-07-27 10:29:00 ET Soaring 228% in 2023, Archer Aviation (NYSE: ACHR) stock made impressive progress toward regaining the altitude it had lost after its debut on the public markets in 2021. Sadly for Archer investors, however, the momentum hasn't extended into 2024, and shar...