Why Archer Aviation Stock Soared Today
The air taxi pioneer is making a game-changing acquisition.
Overview
Shares of Archer Aviation (NYSE: ACHR) climbed on Monday after the advanced aviation specialist struck a multipart deal with industry titan Boeing (NYSE: BA).
Image source: Archer Aviation.
Archer agreed to acquire three of Boeing's subsidiaries that are developing innovative autonomous flight technologies.
Details
Source
Originally published at www.fool.com.
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