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Archer Aviation's Stock Drops 8.94% as Exec Sells Entire Stake for $1 Million
ByAinvest
Wednesday, Jul 2, 2025 8:52 pm ET1min read
Archer Aviation Inc. (ACHR) shares fell 8.94% to $9.88 after General Counsel Eric Lentell sold his entire stake of 95,000 shares worth $1 million. The sale was made under a Rule 10b5-1 trading plan. The company partnered with JetEx to enhance its infrastructure for air taxis in the UAE. Archer plans to work with JetEx to design the passenger experience and integrate eVTOL aircraft into daily operations.
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