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Stock impact report

Down More Than 55% From Its High, Is Archer Aviation Stock in Trouble? [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
Excitement looks to have cooled when it comes to risky growth stocks, particularly those that still have unproven business models. Archer Aviation (NYSE: ACHR) is a great example of that, as its stock price has declined 23% over the past six months. Shares of the electric vertical takeoff and landing (eVTOL) company reached a high of $14.62 in October, but they're now down around 55% from that level. It could be a while before the company starts generating revenue, and meanwhile, its losses are piling up. Is Archer's stock in danger of going even lower, or could this be a good growth stock to add to your portfolio today, at a significantly reduced price? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Archer expects to begin carrying passengers this year It's been a painstaking Show less Read more
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