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Archer Aviation Holds Close to $5 as ARK Cuts ACHR Stake
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Archer Aviation Holds Close to $5 as ARK Cuts ACHR Stake
Archer Aviation shares edged up 0.5% to $5.08 after ARK Invest sold over 2.2 million shares across three ETFs, following a two-day slide that brought ACHR near its 52-week low, as investors weigh FAA certification progress, $1.8 billion liquidity, and a projected Q2 adjusted EBITDA loss of up to $200 million. The post Archer Aviation Holds Close to $5 as ARK Cuts ACHR Stake appeared first on TechStock².
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