Archer Aviation stock tanks after raising capital: 3 reasons to buy the dip in ACHR
Friday, 13 June 2025 ()
Archer Aviation Inc. (NYSE: ACHR) tanked nearly 15% on Friday after raising some $850 million through a registered direct offering. According to the electric vertical takeoff and landing (eVTOL) company, the said offering involved about 85 million of its shares, each of which was sold at a unit price of $10. The capital raise helped […]
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