Shares of Archer Aviation Inc. (ACHR) are rising more than 7% Friday morning after the company said it received $215 million investments from Stellantis, Boeing, United Airlines, ARK Invest and others.
This makes Archer's total funding to date to more than $1.1 billion, smoothening its path to FAA certification and commercial operations in 2025, the company said.
ACHR is at $6.23 currently. It has traded in the range of $1.62 - $7.10 in the last 52 weeks.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.