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Stock impact report

Archer Aviation Inc. (ACHR) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Archer Aviation Inc. Class A (ACHR) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.83%, while the tech-heavy Nasdaq appreciated by 0.39%. Prior to today's trading, shares of the company had lost 7.06% over the past month. This has lagged the Aerospace sector's loss of 0.01% and the S&P 500's gain of 2.97% in that time. Investors will be eagerly watching for the performance of Archer Aviation Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of -$0.29, indicating a 19.44% growth compared to the equivalent quarter last year. Investors might also notice recent changes to analyst estimates for Archer Aviation Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term shar Show less Read more
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