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Archer Aviation Stock Soars 20% on New Defense Deal
Barrons.com23d agobullish
Archer Aviation Stock Soars 20% on New Defense Deal

Shares of the electric vertical takeoff and landing, or eVTOL, aircraft maker rose 20.5% in midday trading to $5.36, while the was up 0.3%. The move came after the company announced plans to develop an autonomous vertical takeoff and landing platform for defense and commercial applications. “From raw performance to producibility, harnessing the best technologies from the commercial eVTOL market for defense is central to how Thunder will deliver operational value to our customers,” said Shane Arnott, SVP of Maneuver Dominance at Anduril, in a news release.

Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets
24/7 Wall St.61d agobullish
Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets

Acquisition speculation is the lifeblood of cult-stock trading. The cleanest takeover targets share three traits: strategic value to a deep-pocketed partner, a cash runway that does not force a fire sale, and proprietary intellectual property that a giant cannot easily replicate. This is a scenario analysis, not a report on any announced or imminent deal. ... Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets