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Archer Aviation and Joby Aviation are facing stock market volatility despite their growth potential and government backing.

2 reports, 2 independent Updated Wed 00:00
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What happened

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Archer Aviation and Joby Aviation are facing stock market volatility despite their growth potential and government backing.

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What this event is mainly about

How it developed

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  1. Joby's legal setback drags down Archer and EHang shares, while Ark Invest increases its Joby stake.1 source
  2. Two eVTOL companies, Archer and Joby, are facing stock market volatility despite growth potential and government backing.1 source

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Coverage

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  • aol.com
  • Motley FoolWhy I'm Perfectly Fine With Archer Aviation and Joby Aviation's Twin Pullbacks Archer Aviation's stock has declined 12.2% over the past 30 days despite securing $1.7 billion in cash and ramping produ