Stock Track | Archer Aviation Plummets 5.03% Despite Receiving Occupancy Certificate for Georgia Facility
Archer Aviation Inc. shares plummeted 5.03% in Thursday's intraday trading session, despite the company receiving a certificate of occupancy for its high-volume manufacturing facility in Covington, Georgia.The news of Archer Aviation securing the occupancy certificate for the Arc facility, which is connected to the Covington Municipal Airport, was initially seen as a positive development. The company stated that tooling load-in is already underway, paving the way for the planned start of initia