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Archer Aviation Sinks 11% While Quantum Computing Inc Fall 10% After Earnings
Archer Aviation reported $300,000 revenue and a $0.26 per-share loss, with 57% share dilution impacting investor returns, causing a 12% stock drop in U.S. markets.
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Archer Aviation Sinks 11% While Quantum Computing Inc Fall 10% After Earnings
Quick Read Archer Aviation (ACHR) fell 11% today after earnings that had higher negative EBITDA than expected next quarter. Qunatum Computing Inc. (QUBT) also fell 10% after earnings yesterday. Both companies are largely pre-revenue and were mostly hammered by the macro environment rather than specific issues with earnings. The Nasdaq was down 2.7% in early trading before closing down 1.02%. Are you ahead, or behind on retirement? SmartAsset'…
·New York, United States
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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