$15.14
+0.10 (+0.66%)
VIA News30 articles
Archer Aviation Slips as Shareholders Await Texas Redomicile Vote
Archer Aviation shares declined for a third straight session as shareholders prepare to vote on a move to Texas, while the company advances its Midnight eVTOL into Phase 4 FAA testing.
Joby Aviation Shares Slide on Cash Burn and FAA Certification Hurdles
Joby Aviation shares dropped 3.5% to $9.22 as market concerns over FAA certification progress and cash burn rates persist, despite a first-quarter revenue rise.
Joby Aviation Shares Slide on Heavy Trading, Short Interest Pressure
Joby Aviation dropped 3.14% on Tuesday with volume surging to 38.08 million shares, reflecting high short interest and no company news. The stock is 54% below its 52-week high.
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 Ends Short Week at $10, Rally Faces Key Test After Break
Joby Aviation surged 6.5% to $10.00 in a shortened trading week, up 9.3% since June 12. The rally faces a critical test after the break as investors watch FAA milestones and execution risks.
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.
Rivian Cuts Jobs, R2 Launch Adds to Financial Strain
Rivian is cutting hundreds of jobs, less than 2% of its workforce, to reduce costs after launching the R2 SUV. Shares closed up 2% as investors weigh cost cuts against margin pressures.
Joby Aviation Stabilizes After Insider Sale, eVTOL Demand Survey Boosts Sector
Joby Aviation shares steadied in premarket trading after an insider sale and renewed focus on eVTOL demand from a Jefferies survey showing 79% consumer interest.
Archer Aviation's Cash Burn and FAA Progress Keep Shares in Check
Archer Aviation shares hover near $5.45 as the company enters Phase 4 of FAA certification for its Midnight eVTOL, while Q1 losses and cash burn remain key concerns.
Joby Aviation Shares Surge on Strong Air Taxi Demand Data
Joby Aviation shares climbed 7% to $9.67 following a survey showing 79% consumer interest in air taxis, with FAA certification and Dubai service as key catalysts.
Archer Aviation Rises 9% on Broad Market Rally, FAA Progress Key
Archer Aviation shares surged 9.25% to $5.55 on Monday, driven by a broad market rally rather than company-specific news, with investors watching FAA certification and Q2 results.
Air Taxi Stocks Surge on Risk-On Wave; Joby Aviation Up 7%
Joby Aviation shares climbed 7% to $9.79 as part of a broad risk-on rally, with no company-specific news. Investors await FAA milestones and Dubai commercial flights.
Air-Taxi Stocks Surge: Archer Aviation Soars 9% on Sector Rally and FAA Certification Hopes
Archer Aviation shares surged 9.35% to $5.56 on heavy volume Monday, part of a broader air-taxi stock rally, as investors look ahead to FAA certification progress and planned U.S. operations in 2026.
Archer Aviation Dips on Insider Sale Filing and FAA Hurdles
Archer Aviation shares dropped 4.15% after officer Eric Lentell filed a Form 144, raising concerns over insider selling and dilution as the company progresses through FAA certification.
Rivian Shares Jump 7.85% on R2 Launch; Production Ramp Key to Turnaround
Rivian shares surged 7.85% to $16.76 after the R2 SUV launch, with public deliveries underway. The production ramp is now the key test for RIVN stock.
Archer Aviation Steadies After ARK Invest Trims Stake, FAA Progress in Focus
Archer Aviation shares edge up 0.5% to $5.08 as ARK Invest sells 2.2 million shares. Focus remains on FAA certification, cash position, and Q2 loss guidance.
Joby Aviation CFO's Stock Sale Triggers Share Decline
Joby Aviation shares dropped 4.47% after the CFO disclosed a prearranged stock sale. The market focused on regulatory progress and cash burn rather than any new operational updates.
Archer Aviation Tumbles as ARK Invest Sells Millions of Shares
Archer Aviation shares fell 7.16% after ARK Invest sold over 2.2 million shares, adding pressure amid certification risks and cash burn.
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 Plunges 13% as Rate Worries Weigh on Pre-Revenue Stocks
Archer Aviation fell 13.2% on Friday as a strong jobs report fueled rate hike fears, hitting pre-revenue stocks. The company faces key tests with inflation data and FAA certification.
Philippine Airlines Appoints Ex-Malaysia Aviation Chief as Independent Director
Philippine Airlines appointed two new independent directors, including ex-Malaysia Aviation Group chief Izham Ismail, as it ramps up long-haul routes with A350-1000 jets.
Archer Aviation Shares Dip as Cash Burn Concerns Resurface
Archer Aviation shares fell 2.4% premarket to $6.38 as investors balanced FAA certification progress for the Midnight eVTOL against another quarter of steep spending.
BitMine Targets $300M via Preferred Shares to Boost Ethereum Staking
BitMine Immersion Technologies files to sell 3 million Series A preferred shares with a 9.5% dividend to raise $300M for Ethereum staking and treasury growth. Common shares up 5.8%.
Archer Aviation Pre-Market Slips as Cash Burn Concerns Mount
Archer Aviation shares dropped 3.3% pre-market to $6.53 as investors weigh heavy quarterly losses and rising cash needs for certification, testing, and manufacturing, despite FAA milestones.
Rivian Stock Gains 2.7% on AT&T 5G Deal for R2 SUV Ahead of June 9 Orders
Rivian shares gained 2.7% after AT&T announced 5G connectivity for the upcoming R2 SUV, which opens for orders June 9 at $57,990 with a 330-mile range, positioning it against Tesla's Model Y.
Archer Aviation Dips Below $7 Amid Cash Burn Concerns and Certification Hurdles
Archer Aviation stock trades under $7 as first-quarter results show heavy cash burn and ongoing certification challenges, with Cantor Fitzgerald maintaining an Overweight rating.
Rivian R2 Launch Fuels Stock Rally as Key Test Nears
Rivian shares gained 2.3% to $17.34 as investors anticipate the June 9 R2 launch, marking the EV maker's first major market test for its lower-priced SUV line.