Why Archer Aviation Stock Just Crashed
Source: Motley Fool
2026-03-03 12:18:18 ET
Archer Aviation (NYSE: ACHR) stock tumbled 12% through 11:30 a.m. ET Tuesday after missing on earnings last night.
Analysts weren't optimistic about Archer heading into the electric vertical takeoff and landing aircraft manufacturer's ( eVTOL ) Q4 report, expecting a $0.24-per share loss on sales of approximately $0. The good news is that Archer did have some revenue last quarter -- about $300,000. The bad news is that it ended up losing $0.26 per share -- two cents worse than feared.
Image source: Getty Images.
Archer Aviation Inc. Class A
NASDAQ: ACHR
ACHR Trading
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ACHR Stock Data
$4,669,801,060
601,472,982
0.2%
244
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Aerospace & Defense
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US
San Jose
