RESOLVING THE LEDGER
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Shares of Archer Aviation (NYSE: ACHR) have been jumping recently after the company announced new aircraft stemming from its partnership with Anduril, a defense technology and autonomous systems company. It's a huge deal for Archer, an electric vertical take-off and landing (eVTOL) stock that has been in a tailspin for much of the year.
Archer's CEO is bullish on the opportunities this could unlock for the company. However, despite the positive news, the eVTOL stock is still down 37% year to date. Could now be a good time to buy it?
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