Cathie Wood’s ARK Invest Scoops Up Archer Aviation Shares After Earnings: $6.3M Bet On eVTOL Growth Optimism
Cathie Wood’s ARK Invest capitalized on a post-earnings dip, scooping up a combined 1,341,239 shares of Archer Aviation Inc. (ACHR) valued at a potential $6.3 million across its flagship exchange-traded funds on Tuesday.Archer Aviation stock edged up 0.2% overnight Tuesday after a 2% drop in the re…