Is Archer Aviation a Millionaire Maker?

Shares of Archer Aviation (NYSE: ACHR) have risen nearly 40% over the past month, as of this writing. Almost all of that advance has come in just the few days following the company's third-quarter 2024 earnings release.It was a good earnings update in many ways, but investors should go in here cognizant of the risks that still exist for Archer and its shareholders.From a big-picture perspective, the company's goals are incredibly ambitious. First it is looking to create a new style of aircraft, an electric vertical takeoff and landing (eVTOL) short-haul plane. And it wants to use that plane to create an entirely new transportation business, air taxis.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool