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Benzinga
Benzinga
Business
Adam Eckert

Archer Stock Is Sliding Tuesday: What's Driving The Action?

Archer Archer Aviation ACHR
archer4

Archer Aviation Inc (NYSE:ACHR) shares are trading lower Tuesday after the company reported a wider-than-expected loss in the second quarter.

What Happened: Archer reported a second-quarter loss of 36 cents per share, missing analyst estimates for a loss of 26 cents per share, according to Benzinga Pro.

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