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Archer Aviation Trading Volume Drops 51.53% to $541 Million Ranking 178th Despite 3.90% Stock Price Increase and Strategic Indonesia Partnership
Generated by AI AgentAinvest Volume Radar
Monday, Jun 16, 2025 8:00 pm ET1min read
On June 16, 2025,
(ACHR) saw a trading volume of $541 million, a significant 51.53% decrease from the previous day, ranking 178th in the day's stock market activity. The stock price of Archer Aviation rose by 3.90%.Archer Aviation has announced its third "Launch Edition" partner, PT. Industri Ketahanan Nasional (IKN), with a deal to deploy up to 50 Midnight aircraft in Indonesia. This partnership marks a significant expansion for Archer, as Indonesia becomes the third country to join its launch program. The agreement with
is expected to bring air taxi services to Indonesia, further solidifying Archer's presence in the global eVTOL market.This strategic move by Archer Aviation is likely to have a positive impact on its stock price, as it demonstrates the company's growing international footprint and its commitment to expanding its air mobility solutions. The deployment of Midnight aircraft in Indonesia is a testament to Archer's technological advancements and its ability to secure partnerships in key markets.
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