Archer Aviation Inc. (ACHR) saw its stock plummet by 6.09% in the intraday trading session on Thursday. The decline followed the company's announcement of raising $430 million in fresh capital through an equity offering.
The funds raised will be utilized by Archer Aviation for various purposes, including the development of a hybrid aircraft in collaboration with defense technology company Anduril Industries. The partnership aims to target a potential "program of record" from the Pentagon, which refers to a government-approved and authorized acquisition program.
Despite the equity dilution from the offering, Archer Aviation's stock had gained 20.36% on a year-to-date basis leading up to Thursday's close. Investors will closely monitor the company's progress in executing its growth strategies and securing potential government contracts.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。