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Archer Aviation Has Fallen 50% and Could Be a Long-Term Buying Opportunity
The Motley Fool·
Archer Aviation's stock has declined 50% over the past year as regulatory approvals for its eVTOL air taxi aircraft take longer than expected. However, the company is making progress on military applications through a partnership with Anduril, which could provide a faster path to revenue. For aggressive long-term investors willing to tolerate volatility, the stock pullback may present a buying opportunity.
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