Reported 18 days ago
Archer Aviation, an air taxi start-up, has seen its stock rise over 100% recently, yet it faces significant challenges as it has yet to generate any revenue and is still awaiting regulatory approval. With a high market cap of $3.3 billion and negative cash flow, experts suggest that despite its growth potential in the emerging eVTOL market, the stock should be considered a sell due to financial instability and uncertainty about future profitability.
Source: YAHOO