Reported 1 day ago
Archer Aviation Inc. (NYSE: ACHR) experienced a significant 17.9% gain, reaching nearly its 52-week high, driven by speculation that Tesla may enter the electric vertical take-off and landing (eVTOL) sector. This surge was catalyzed by a buzz on social media following a video featuring a Tesla logo, suggesting a potential launch date of October 7. Additionally, Archer secured a $500 million order from Soracle Corporation for 100 aircraft aimed at enhancing air mobility services in Japan.
Source: YAHOO