Archer Aviation Stock Rises 18.6% Last Month Amid Regulatory Progress and Defense Contracts
Shares of Archer Aviation (ACHR) surged 18.6% in May, driven by progress toward FAA certification for its eVTOL aircraft and partnerships like the one with Anduril for defense applications. Despite this monthly gain, the stock remains down significantly year-to-date.
Tickers: $ACHR
Topics: defense contracts eVTOL regulatory approval stock performance