Archer Aviation is trading at $4.95, up 4.88%; coverage linked the pre-market gain to Barclays’ October 8 upgrade.
- Barclays raised its rating to Overweight from Equal Weight and its price target to $8 from $4.50.
- Indexes showed modest gains, with no broad-market move above 0.5%. No separate company announcement explaining the October 9 move was identified; current volume was not provided. The price was live at 9:48 a.m. ET.