Archer Aviation Inc. (ACHR) is up 5.20 percent, gaining $0.98 to reach $11.34 after receiving FAA certification to launch its pilot training academy.
Archer opened at $11.00 and has traded between $10.89 and $11.84 today. With a significant volume of 44.97 million shares, the stock is nearing the high end of its 52-week range, which spans from $2.82 to $12.48.
The Part 141 certification allows Archer to officially train pilots for its future commercial air taxi services with its Midnight aircraft.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.