Down More Than 55% From Its High, Is Archer Aviation Stock in Trouble?

Excitement looks to have cooled when it comes to risky growth stocks, particularly those that still have unproven business models. Archer Aviation (NYSE: ACHR) is a great example of that, as its stock price has declined 23% over the past six months. Shares of the electric vertical takeoff and landing (eVTOL) company reached a high of $14.62 in October, but they're now down around 55% from that level.It could be a while before the company starts generating revenue, and meanwhile, its losses are piling up. Is Archer's stock in danger of going even lower, or could this be a good growth stock to add to your portfolio today, at a significantly reduced price?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool