BUZZ-PREVIEW: Archer Aviation slips ahead of quarterly report

Reuters

08/12

BUZZ-PREVIEW: <a href="https://laohu8.com/S/ACHR">Archer Aviation</a> slips ahead of quarterly report

** Shares of Archer Aviation ACHR slip 0.4% after the bell ahead of quarterly results, with investors watching for developments in the company's air taxi

** ACHR in July said it completed an initial test flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi

** In June, the company said it raised $850 mln in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis

** Analysts expect quarterly adj. loss of 25 cents per share, vs a loss of 32 cents per share a year ago, according to data compiled by LSEG

** ACHR stock down about 1% YTD, and up 165% over past 12 months

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))

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01:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-PREVIEW: <a href=\"https://laohu8.com/S/ACHR\">Archer Aviation</a> slips ahead of quarterly report</title></head><body><p>** Shares of <a href=\"https://laohu8.com/S/ACHR.WS\">Archer Aviation</a> <span>ACHR</span> slip 0.4% after the bell ahead of quarterly results, with investors watching for developments in the company's air taxi</p><p>** ACHR in July <span>said it completed</span> an initial test flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi</p><p>** In June, the company said it raised $850 mln in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis</p><p>** Analysts expect quarterly adj. loss of 25 cents per share, vs a loss of 32 cents per share a year ago, according to data compiled by LSEG</p><p>** ACHR stock down about 1% YTD, and up 165% over past 12 months</p><p>(Reporting by 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bell ahead of quarterly results, with investors watching for developments in the company's air taxi** ACHR in July said it completed an initial test flight of its Midnight aircraft at Al Bateen Executive Airport in Abu Dhabi** In June, the company said it raised $850 mln in funding following executive orders signed by U.S. President Donald Trump to boost electric air taxis** Analysts expect quarterly adj. loss of 25 cents per share, vs a loss of 32 cents per share a year ago, according to data compiled by LSEG** ACHR stock down about 1% YTD, and up 165% over past 12 months(Reporting by Noel Randewich)((noel.randewich@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}