Archer Aviation stock soars on $55M Stellantis investment

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Archer Aviation Nouvelles

Josh Lipton,Stellantis,Seana Smith

Shares of Archer Aviation (ACHR) are soaring on the news that Stellantis (STLA) is investing $55 million more into the electric aviation company. Josh Lipton...

Let's take a look at Archer Aviation, the stock moving sky high today on news that STIs is investing 55 million or more into the EV toll maker.It's not just Archer that's out there building that we've seen really um investment come from all over the place.

So the excitement that we're seeing today in this investment that we're seeing from ST is coming on the back of a successful transition flight here for Archer.So again, the stock down pretty significantly since the start of the year, but we are seeing some optimism play out on with more enthusiasm. -- Steve Ballmer passed Bill Gates on Monday to become the sixth-richest person in the world, the first time the former chief executive officer of Microsoft Corp.

 

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