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Why Archer Aviation Stock Is Rocking Today

TheMotleyFool

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Why Archer Aviation Stock Is Rocking Today: https://g.foolcdn.com/editorial/images/744655/yellow-electric-air-taxis-over-a-cityscape.jpg

Shares of air taxi start-up stock Archer Aviation (NYSE: ACHR) soared 6% through 10:50 a.m. ET on Friday, and it's no great secret why:

"Cathie Wood loves Archer Aviation."

You all remember that famous scene from the movie Wall Street, right? Where Charlie Sheen's character starts a bull run on the fictional Anacott Steel by phoning in a tip that someone is buying up the shares?

Source Fool.com