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Archer CEO’s Stock Sale Explained | Business and Finance News
Published 2 weeks, 1 day ago
Description
Archer Aviation’s top legal officer sold 52K shares to cover taxes — not a red flag, just a standard move. He still owns over 600K shares and is locked in for the long haul. The company’s EVVTOL tech faces tough odds, but a big Boeing partnership and soaring Q2 revenue ($5M vs $1.6M) show momentum. Investors should watch execution in urban air mobility — not stock sales.
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