Archer Tanks 12% After Air Taxi Maker Sells Additional 85 Million Shares, Buys LA-Area Airport

Archer Aviation: The Cash-Burning Dominoes Are Finally Falling (NYSE:ACHR)

Archer Aviation Inc. stock plummets over 45% amid cash burn concerns. Click for my updated look at ACHR shares following the latest earnings release.

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport

Archer Aviation's stock tumbled after a share sale overshadowed a narrower-than-expected third-quarter loss.

Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport – DG Verifications & Stats

In this article ACHR Follow your favorite stocksCREATE FREE ACCOUNTCourtesy: Archer Aviation Archer Aviation’s stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million loss. However, Archer disclosed a $650 million stock offering for 81.25 million shares to support its $126 million acquisition of Hawthorne…

Archer Aviation (ACHR) Raises $650M, Moves to Buy Hawthorne Airport for $126M; Shares Slip After Q3 Update — Nov. 7, 2025

Archer Aviation Inc. (NYSE: ACHR) unveiled a multi‑pronged update tied to its third‑quarter results: a $650 million equity raise, a deal to acquire control of Los Angeles’ Hawthorne Airport for $126 million, fresh flight‑test milestones for its Midnight eVTOL, and the closing of its Lilium patent portfolio purchase. The stock traded around $8.88 mid‑day as investors digested the capital raise and airport plan. Archer Aviation+1 What happened tod…

Archer gets into the airport business while posting a USD 129 million loss for Q3 - RotorHub International

eVTOL developer Archer Aviation posted another loss in its third quarter, adding another USD 129 million to the deficit column. Expressed as Earnings Before Tax Depreciation and Amortisation (EBITDA), the loss reduces to USD 116.1 million – actually a slight improvement on the previous quarter’s USD 118.7 million. In its shareholder letter, the company makes much of the “progress” it made in the period, although in truth much of this centred on …

Archer purchases Los Angeles-area airport for planned 2028 ...

Archer said on 6 November that it has signed a signed a series of agreements to purchase the “one-of-kind Los Angeles asset”, also known as Jack Northrop Field.