Archer Aviation Inc is trading at $5.35 (up 5.3%) as investors rotate back into growth names during a strong risk-on session for U.S. equities.
- The upward move is primarily driven by improved macro sentiment tied to easing U.S.-Iran tensions and sharply lower oil prices.
- The price action appears to be a result of broader market trends, as there is currently no new company-specific news flow for Archer Aviation Inc.