Archer Aviation (ACHR) Stock Drops 8% as JOBY, EVTL, and EH Join eVTOL Selloff

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2026.07.08 08:57
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Archer Aviation (ACHR) stock dropped 8.19% on Tuesday, leading a broader selloff in the eVTOL sector. Joby Aviation (JOBY), Vertical Aerospace (EVTL), and EHang Holdings (EH) also declined by nearly 9%, almost 7%, and over 4%, respectively. This group-wide drop indicates a risk-off sentiment toward speculative aviation names rather than issues specific to Archer.