With Archer Aviation's Share Price Down 53%, Could a Reverse Stock Split Be About to Happen?

Archer Aviation's stock has plummeted 53.5% over the past year to $6.31 per share, raising questions about a potential reverse stock split. However, the article concludes a reverse split is unlikely in the near term since the stock price remains well above the $1 NYSE delisting threshold, the company maintains a $4.9 billion valuation, and management is focused on FAA approval for its Midnight eVTOL and the Boeing acquisition.