🟢 Archer Aviation is trading 11.34% up today after Q2 revenue beat and Boeing acquisition plan

Archer Aviation is trading at $6.97, up 11.34% after Q2 revenue reached $5 million, substantially exceeding the approximately $1.95 million consensus estimate; investors focused on growth rather than losses.

• Planned acquisition of Wisk Aero, Insitu, and SkyGrid from Boeing adds defense, autonomy, and airspace-software capabilities, including Insitu’s $200 million-plus annual revenue.
• Archer maintained $1.56 billion in liquidity, while Q3 adjusted EBITDA-loss guidance remained $170 million–$200 million.