Archer Aviation (ACHR) Plunges as $850M Share Sale Dilutes Stock

By Yahoo! Finance   |   1 week ago
Archer Aviation (ACHR) Plunges as $850M Share Sale Dilutes Stock

eVTOL manufacturer raised $850 million through a share sale, boosting its liquidity to $2 billion. Funds will support air taxi services at the 2028 LA Olympics, as it expands infrastructure and technology globally.

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