Shan Ahmed Khan

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

Archer Aviation (NYSE:ACHR) surges nearly $640 million in market value following Thunder announcement

Archer Aviation (NYSE:ACHR) surges nearly $640 million in market value following Thunder announcement

Archer Aviation finished Tuesday with a market capitalization of $4.05 billion. Based on a preliminary estimate, the two-day Thunder rally contributed an increase of approximately $644 million. Shares ended at $5.28, slipping 0.6%, following a 19.6% jump on Monday. U.S. regular trading had ended around three hours before this report was published. The estimate uses Tuesday’s implied share count and Friday’s closing price.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap Holdings

NYSE: AER 92/100
#2 BUY

Uber Technologies

NYSE: UBER 90/100
#3 BUY

Taiwan Semiconductor Manufacturing

NYSE: TSM 89/100
#4 ACCUMULATE

dLocal

NASDAQ: DLO 86/100
#5 ACCUMULATE

Tapestry

NYSE: TPR 84/100
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Editorial model selection. Not personalised advice.