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Archer Aviation Shares Bounce Back, FAA Timeline and Cash Burn in Focus
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Archer Aviation Shares Bounce Back, FAA Timeline and Cash Burn in Focus
Archer Aviation shares jumped 4.2% to $5.77 after last week’s 13.2% drop, as investors rotated back into growth and air-taxi stocks; the move follows Archer’s milestone as the first eVTOL developer to close Phase 3 of FAA certification, but heavy losses and high cash burn keep the stock highly sensitive to regulatory and financial risks. The post Archer Aviation Shares Bounce Back, FAA Timeline and Cash Burn in Focus appeared first on TechStock².
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