Lucid (LCID -2.34%), a producer of luxury electric vehicles, attracted a lot of attention when it went public by merging with a special purpose acquisition company (SPAC) four years ago. That's mainly because it was led by Tesla's (NASDAQ: TSLA) former chief engineer Peter Rawlinson, and it had already started delivering its first Air sedans.
With its shares up an impressive 140% over the last 12 months, there is clearly a lot of momentum behind Archer Aviation (ACHR -0.14%), a California-based start-up tackling the burgeoning market for electric vertical takeoff and landing vehicles (eVTOLs). If things go as planned, this opportunity could mint plenty of millionaires, but will reality live up to the hype?
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $ACHR #Archer--Archer Aviation Inc. (NYSE: ACHR) will report its second quarter 2025 operating update and financial results after market close on Monday, August 11, 2025. The company will host a live webcast to discuss its results at 2:00 p.m. Pacific Time. The live webcast and replay will be available at investors.archer.com. To listen to the conference...
Key Points in This Article: Archer Aviation's (ACHR) stock fell hard yesterday and it's down again today due to Stellantis' earnings report and a Delaware lawsuit ruling.
For an upstart company like Archer Aviation (ACHR -10.84%) there's no shortage of hurdles that it must overcome. From ensuring that its capital needs are met to forging strategic relationships with manufacturing partners, there are numerous needs for the company to address.
The technology sector advanced 614% during the last decade, while the broader S&P 500 (^GSPC 0.14%) advanced 195%. Technology stocks are primed to maintain their momentum during the next decade as innovations like electric vertical take-off and landing aircraft (air taxis), autonomous robots, and robotaxis hit the market.
Shares of Archer Aviation (ACHR -10.91%) fell on Monday, finishing the day down 10.9%. The drop came as the S&P 500 (^GSPC 0.14%) and Nasdaq Composite (^IXIC 0.38%) both gained modestly.
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