Archer Aviation is trading 4% up at $5.04 today, extending gains following a successful all-electric roundtrip test flight of its Midnight air taxi.

  • The flight, conducted with FAA coordination on July 30, represents a key milestone in the company's path toward commercialization.
  • Shares are also benefiting from a broader risk-on sentiment in the market, as gains in major U.S. indices and industrials support advanced mobility and EV-adjacent names.