Archer Aviation fell this week as short interest on the stock increased and investors weighed the potential impact of a leadership change at Stellantis, the automaker that has been a key investor and partner for the flying taxi specialist. But even with the recent pullback, Archer stock is still up roughly 137% over the past month.

It has been a turbulent 30 days in the stock market for Archer Aviation (ACHR). It could become even more whipsaw for the eVTOL air taxi maker in the days to come.

The back half of 2024 has been a strong period for speculative high-growth stocks. Like dozens of these companies, Archer Aviation (NYSE: ACHR) is up over 100% in the past month, with its stock boost happening right around the United States presidential election.

Archer Aviation insiders remain bullish on the eVTOL company. Several countries including Japan have partnered with ACHR.

Archer Aviation's stock is rising after announcing a strategic partnership with UAE entities to launch electric air taxi operations in Abu Dhabi by 2026.

Archer Aviation stock takes off again as the company lands new partnership. Archer Aviation announced today that it has entered into an agreement with multiple parties in the Unit

The Archer Aviation stock price has dived in the past few days. We explain whether the ACHR share price will rebound

Electric vertical take-off and landing vehicles (eVTOLs) promise to revolutionize transportation by allowing people to soar above traffic in dense urban areas. Analysts at Morgan Stanley believe it could be worth $1 trillion by 2040 as it disrupts the market for traditional land-based taxis.

Archer Aviation ( ACHR 10.06%) stock posted big gains in Thursday's trading. The flying taxi company's share price closed out the day up 10.1% and had been up as much as 20.3% earlier in the session.