Archer Aviation is making strides towards launching an air taxi and air taxi service, with its vertical-lift aircraft in the approval process for commercial use. Despite a recent 45% stock price drop, it remains up 190% over three years. The company faces execution and financial risks, making it a high-risk investment.

While Archer Aviation is working towards its first commercial flight, it is still in start-up mode, seeking regulatory approvals and ramping up production. The company has partners lined up internationally and in the U.S., preparing for air taxi services in major cities. The stock’s potential upside depends on successful execution in the aerospace industry niche.

Investors in Archer Aviation must decide whether to buy, sell, or hold stock amidst price volatility. Risk-averse investors may want to avoid this high-risk investment, while those willing to endure volatility could see long-term gains. The company’s progress towards its goals may solidify its position in the aerospace industry.

Read more at Yahoo Finance: Archer Aviation Stock: Buy, Sell, or Hold?