ACHR-WT stock drops to -8.61 intraday on NYSE: expect continued volatility
Archer Aviation Inc. WT (ACHR-WT stock) recorded an intraday print of -8.61 USD on the NYSE, reflecting an outsize move of -1006.32% versus the prior close of 0.95 USD. The trade shows extremely heavy activity with 35,364,907 shares reported and a day range between -8.61 USD and -8.48 USD. This intraday move is the dominant factor for top losers screens today in the United States market and signals either a market-data anomaly or a structural reprice of the warrant. We break down drivers, fundamentals, technicals, and our model outlook so investors can assess risk and next steps
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