Archer Shares Fall After Third-Quarter Earnings Miss
Archer Aviation's third-quarter earnings missed Street expectations. The company also secured FAA approval for its Midnight air taxi in Los Angeles; CEO Adam Goldstein called the LA push its “most important” milestone yet.
Archer Aviation (ACHR) stock fell overnight after the company’s third-quarter (Q3) earnings missed Street expectations, despite securing a key FAA approval for its Midnight air taxi in Los Angeles. CEO Adam Goldstein outlined plans for passenger flights ahead of the 2028 Olympics, while adding that…