Archer Aviation Stock Takes Flight on Boeing Deal

Archer Aviation (NYSE:ACHR) jumped 18.6% to $6.63 after it announced plans to acquire three Boeing subsidiaries. The deal would give Boeing a 19.75% stake in Archer, expanding the drone company’s reach into electric vertical takeoff and landing (eVTOL), autonomous flight technologies, air traffic management, and defense. The move is described as Archer’s best single-session gain since May 2025, though the stock is still down 11.8% year to date. Shares remain below the July 17 52-week low of $4.32, and the $7 area is flagged as a likely stall point tied to the 200-day moving average. The article also cites short covering risk from 95.10 million shares sold short and bullish options activity, including heavy call volume around the 8/14 $7.00 strike.