Reported about 14 hours ago
Archer Aviation is pioneering electric vertical take-off and landing (eVTOL) aircraft, also known as flying taxis, which aim to transform urban transport. With strong government support and a predicted growth in the urban air mobility market, Archer's stock has surged 200% over the past year. However, for investors to profit in the long run, the company needs regulatory approval, technological advancements, and a significant market position. While it presents high potential, potential investors should approach with caution and consider it as part of a diversified investment strategy.
Source: YAHOO