Archer Aviation Shares Fall After JPMorgan Downgrade

MT Newswires Live

01-11

Archer Aviation (ACHR) shares were down nearly 11% in recent trading Friday after JPMorgan downgraded the company's stock to neutral from overweight and while raising its price target to $9 from $6.

Trading volume stood at about 23.8 million shares against a daily average of roughly 35.6 million shares.

Price: 9.35, Change: -1.13, Percent Change: -10.78

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