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EVTL News11 articles
Archer Aviation (ACHR) Slips on Thin Revenue, Heavy Losses
Archer Aviation shares dropped 3.3% to $5.25, near a 52-week low, after Q1 revenue of $1.6 million—mainly from leases—fell short, while operating expenses surged to $256.2 million and net loss widened to $217.7 million.
Joby Aviation Slips Amid Legal Battles and Russell Index Shuffle
Joby Aviation (JOBY) dropped 1.4% to $9.86 on volume 66% above average, pressured by legal conflicts in the eVTOL sector and the upcoming Russell index rebalancing.
Joby Aviation Hits $10 as Air-Taxi Sector Eyes 2026 Milestones
Joby Aviation closed at $10.00 before Juneteenth, capping a volatile week with a 6.5% gain on heavy volume as the market eyes 2026 air-taxi milestones.
Archer Aviation Shares Tumble as Cathie Wood's ARK Sells Stake Amid eVTOL Sector Woes
Archer Aviation shares dropped 9.1% after ARK Invest sold 2.2 million shares. FAA certification delays and high cash burn keep pressure on the eVTOL name.
Archer Aviation Rebounds as FAA Approval Path and Cash Burn Remain Key Concerns
Archer Aviation shares bounced back 4.2% to $5.77 after a 13.2% decline, with progress in FAA certification but heavy losses and cash burn keeping risks high.
Joby Aviation Plunges 20% as Rate Hike Fears Slam Air-Taxi Stocks
Joby Aviation closed down 14.3% Friday at $9.55, extending a weekly loss of nearly 20% as a strong jobs report reignited rate hike concerns, hitting air-taxi stocks hard.
Archer Aviation Stock Sinks as Certification Hopes Yield to Cash Burn Fears
Archer Aviation trades at $6.84 as focus shifts to 2026 air-taxi tests. Q1 losses widen, cash burn persists, but FAA certification advances to Phase 4.
Joby Aviation Gains 5.6% on Holiday Return, Eyes Certification Milestones
Joby Aviation shares climbed 5.6% to $11.53 in late trading Tuesday, outpacing eVTOL peers as U.S. markets returned from Memorial Day. No company-specific catalysts drove the move.
Archer Aviation Shares Steady Amid SEC Filings Highlighting Cash Use
Archer Aviation shares traded flat near $5.94 as SEC filings showed executive stock sales for tax withholding and plans to issue shares to vendors, highlighting cash burn with a Q1 net loss of $217.7 million.
Joby Aviation Shares Decline Amid Insider Sales and Sector Weakness
Joby Aviation shares fell 2.6% on Friday to $10.36, with a 4.7% weekly decline, as CEO-linked trusts sold shares under a preset plan. The stock moved between $10.04 and $10.58 in a volatile week.
Archer Aviation Soars 12% Amid Small-Cap Rally, ARK Investment Discloses Stake
Archer Aviation shares surged 12.5% to $7.30 on Friday as investors rotated into small-cap stocks. ARK Investment Management recently disclosed a 5.4% passive stake in the electric air-taxi developer.