Should You Buy Archer Aviation Stock While It's Below $9?

One of the largest electric vertical takeoff and landing (eVTOL) companies by market capitalization is Archer Aviation (NYSE: ACHR). Valued at $5.5 billion, Archer Aviation is on the front lines of developing this potentially disruptive aviation technology, bringing vertical air travel to the masses within the decade. That is, of course, if it can get its vehicles approved commercially.Even though its stock has soared in the last year, Archer Aviation's Midnight aircraft is still not approved for flying in the United States. Now, it is raising funds through a share offering that has brought selling pressure on its stock price, which is has quickly fallen 39% from recent highs.At a price below $9, should investors buy the dip on this pullback in Archer Aviation stock? Or is this disruptor to be left for dead?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool