Archer Aviation Trades Near $5. Could a $5,000 Investment Set You Up for Life?
The eVTOL industry could be a generational investment opportunity, but that doesn't mean every eVTOL stock will be a winner.
Overview
Consider this: $14.62 is about the price of a decent lunch, or, if you're at the airport, barely enough for a sandwich. It also happens to be Archer Aviation's (NYSE: ACHR) 52-week stock price high.
Archer now trades for about $5 a share. If you had invested $5,000 in Archer at its high, you'd be looking at about $1,837 today. And if you invest $5,000 in Archer at today's price, there's a chance you'll be looking at a similarly disappointing result.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.