Time to Buy the Dip on Archer Aviation Stock Below $10?

Is the future of flight electric? That's what industry insiders are saying. Companies are investing heavily into electric vertical takeoff and landing (eVTOL) vehicles, which promise to revolutionize urban transportation. Yes, the future may finally have flying cars.Boeing, United Airlines, Stellantis, and Cathie Wood's Ark Invest have all invested in Archer Aviation (NYSE: ACHR), which promises to bring an eVTOL product to market shortly. On Sept. 2, the stock trades at a price of $8.46 and is in a 37% drawdown from recent highs.Let's decide whether Archer Aviation stock is worth buying below $10 as it aims to build the future of flight with electric air taxis. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool