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Archer extends losing streak amid Joby lawsuit, Ark buys more
short by / on Friday, 21 November, 2025
Archer Aviation shares are down over 12% this week, heading for a fourth straight weekly decline after Joby Aviation sued the company for alleged corporate espionage involving a former Joby employee. Archer CEO called the claims fantasy. Despite the turmoil and seven declines in 10 sessions, Cathie Wood Ark Invest continued buying more Archer shares.
read more at Stocktwits