Archer Aviation rises on deal with Saudi entities to develop and test electric air taxis
ReutersNov 19, 2025 11:35 AM
Electric aircraft-maker Archer Aviation's ACHR.N shares rise 1.2% to $7.7 premarket
Co partners with The Helicopter Company (THC) and luxury developer Red Sea Global to develop, test and deploy electric aircraft in the Kingdom
Six of eight brokerages rate the stock "buy" and two "hold"; their median PT is $12.5 - data compiled by LSEG
As of last close, shares down 22% YTD
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