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Archer Aviation executives sell large portions of their stock despite recent positive earnings.
Several executives at Archer Aviation Inc., including the General Counsel Eric Lentell and CFO Mark Mesler, have recently sold significant portions of their stock holdings, resulting in substantial financial transactions.
Lentell sold 50,004 shares for $352,028.16, reducing his ownership by 52.40%.
Mesler sold 34,498 shares for $242,865.92, a 4.97% decrease in his holdings.
Archer Aviation, focused on urban air mobility with electric aircraft, recently reported earnings better than expected but continues to face financial challenges, with a market cap of $3.77 billion and a fluctuating stock price.
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Los ejecutivos de Archer Aviation venden grandes porciones de sus acciones a pesar de las recientes ganancias positivas.