Archer Aviation Fell After No Deal From Tesla, But Fundamentals Keep It Flying (ACHR)

Archer Aviation Inc. (NYSE: ACHR ) was on a high on Monday, up 16%, which brought its five-day gain to 40%. With that, Archer reached its highest level since July, backed by speculation that it would be involvedI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d lik ...