Why Archer Aviation Lagged the Market on Wednesday
Key Points The flying taxi developer secured a big portfolio of patents related to its business. For this, it is paying the equivalent of nearly $21 million. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) struggled to lift off on the stock market Wednesday. The company's shares only gained 0.1% that trading session, as investors processed the potential pros and cons of the company's latest acquisition. That performance trailed the S&P 500 (SNPINDEX: ^GSPC), which inched ...