ACHR Experiences Significant Dip Below Key Moving Average

On Friday, shares of Archer Aviation Inc (ACHR) fell below their 200-day moving average of $9.07, trading as low as $8.86, representing a decline of about 2.4% for the day. The company’s stock has a 52-week low of $2.8206 and a high of $13.92, with the last trade recorded at $8.90.