San Jose, CA – May 28th – Shares of Archer Aviation Inc. are demonstrating resilience in today’s trading, currently priced at 0.010 (0.092%) for the day, a notable recovery after a turbulent morning session.
The aviation technology company saw its stock open significantly higher at 11.58. However, early gains were erased as the price subsequently dropped to an intraday low of $10.72. The 1-day chart illustrates this volatility, showing a sharp decline from the morning high, followed by a gradual climb back, eventually pushing the stock just above its previous closing price of $10.92.
Archer Aviation currently has a market capitalization reported as 600.07Cr (which would typically represent approximately $6.00 Billion USD). Key financial metrics such as the Price-to-Earnings (P/E) ratio and dividend yield are not currently available for the company.
Over the past 52 weeks, Archer Aviation’s stock has traded between a high of 2.82. Today’s price action keeps the stock well within this annual range, as investors monitor developments in the innovative aviation sector and the company’s progress.
