What's Going On With Archer Aviation Stock Tuesday?
Archer Aviation Inc. (NYSE:ACHR) shares are trading higher Tuesday on continued strength after the company announced definitive agreements to acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries.
Archer Aviation is buying three companies from Boeing that help with flying vehicles and air traffic. When a company buys other businesses that fit its plans, it can hint that the company is growing and confident about its future.
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