Archer Aviation stock up 7% after Boeing investment

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Shares of Archer Aviation Inc. jumped 7% in the extended session Thursday after the air-taxi company company, Boeing Co.’s subsidiary Wisk Aviation and...

Shares of Archer Aviation Inc. ACHR jumped 7% in the extended session Thursday after the air-taxi company company, Boeing Co.’s BA subsidiary Wisk Aviation and Boeing said that they have reached a settlement to resolve the federal and state court litigation between them. Terms were not disclosed. The companies also have entered a partnership relating to autonomous flight.

... Shares of Archer Aviation Inc. ACHR jumped 7% in the extended session Thursday after the air-taxi company company, Boeing Co.’s BA subsidiary Wisk Aviation and Boeing said that they have reached a settlement to resolve the federal and state court litigation between them. Terms were not disclosed. The companies also have entered a partnership relating to autonomous flight.

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