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$Archer Aviation (ACHR.US)$ Reuters· 5 mins ago
Archer Announces Key Terms of Contract Manufacturing Relationship With Stellantis–Representing up to ~$400M to Help Scale Midnight Production to 650 Aircraft Annually–Secures $230M in Additional Equity Capital From Strategic & Institutional Investors
Archer Announces Key Terms of Contract Manufacturing Relationship With Stellantis–Representing up to ~$400M to Help Scale Midnight Production to 650 Aircraft Annually–Secures $230M in Additional Equity Capital From Strategic & Institutional Investors
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QuintusChen : Is this good news? Why did it fall?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Trytosaveabit OP QuintusChen : Yes it’s good news! It’s pretty heavily shorted. Almost 30% of FF is sold short and the volume here isn’t very much. So that price increase got shorted immediately. Will have to see what it does tomorrow and Monday during market hours? GL