Archer Aviation ( (ACHR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Archer Aviation’s stock dipped as analysts express caution over its valuation, given the company’s $6 billion in orders without current revenue. Despite the decline, the options market shows a modestly bullish sentiment with a low put/call ratio of 0.23, indicating some investor optimism. The decrease in implied volatility suggests a more stable market outlook.
More about Archer Aviation
YTD Price Performance: 12.12%
Average Trading Volume: 31,859,427
Technical Sentiment Signal: Buy
Current Market Cap: $6.34B
For further insights into ACHR stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.