These 10 Firms Were Battered by Dismal Earnings, Outlook Guidance

6. Archer Aviation Inc. (NYSE:ACHR)

Archer Aviation dropped its share prices by 7.34 percent on Wednesday to finish at $8.33 apiece as investors continued to trade sideways amid the lack of fresh catalysts to spark buying interest, while repositioning portfolios ahead of its earnings release.

According to the company, it is scheduled to release its earnings results after market close on Monday, May 12, 2025.

In recent news, the UAE General Civil Aviation Authority approved the design of the first hybrid heliport to be located at the Abu Dhabi Cruise Terminal at Zayed Port, a leading hub for the regional cruise industry that welcomes more than 650,000 visitors annually. The approval paved the way for the looming takeoff of Archer Aviation Inc.’s (NYSE:ACHR) commercial air taxis.

The new heliport was designed in partnership with ACHR, AD Ports Group, and Falcon Aviation Services, and will accommodate both traditional helicopters and electric vertical take-off and landing (eVTOL) aircraft.