Archer Aviation (NYSE: ACHR) stock is moving higher in Thursday's trading. The company's share price was up 1.2% as of 2:30 p.m. ET and had been up as much as 10% earlier in the daily session. Archer Aviation stock is climbing following recent analyst coverage on the stock.

Archer Aviation's recent $300 million equity raise supports its commercialization path. Read why I maintain my buy rating for ACHR stock.

Archer Aviation (NYSE: ACHR) has been among the space's best performers, with shares up 95% over the prior six months. With shares hovering around the $10 mark in recent trading sessions and sporting a $4.

Archer Aviation (NYSE: ACHR) stock is seeing big sell-offs in Tuesday's trading. The electric vertical takeoff and landing (eVTOL) aircraft specialist's share price declined 9% in a session that saw the S&P 500 index's level wind up flat and the Nasdaq Composite index fall 0.

Archer Aviation Inc (NYSE:ACHR) shares are trading lower Tuesday after the company announced new financing and reported preliminary results for the fourth quarter.