Archer Aviation Stock Plummets 35.87% in Trading Volume, Ranks 366th in Market Activity
On May 29, 2025, Archer AviationACHR-- (ACHR) experienced a significant decline, with its trading volume dropping by 35.87% to 2.59 billion, ranking 366th in the day's market activity. The stock price fell by 3.20%.
Archer Aviation is closely watched as it approaches its first Midnight aircraft delivery, marking a transition from the testing phase to production. This milestone is crucial for the company as delays could incur significant costs. Investors are keenly observing Archer's progress, given the potential impact on its stock performance.
Short sellers have targeted Archer Aviation stock, raising questions about whether investors should consider exiting their positions. This development adds to the scrutiny surrounding the company's competitive position in the market.
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