State Street Discloses 5% Stake in Archer Aviation

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2026.02.09 13:47
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Archer Aviation (ACHR) reported that State Street Corporation (STT) now holds a 5% stake in the company, equating to approximately 32.8 million shares as of December 31, 2025. This passive position, indicated by the Schedule 13G filing, does not suggest an active investment strategy. Following this news, ACHR shares rose by 12.48% to close at $7.30, likely driven by investors capitalizing on a perceived buying opportunity after a prior 18% decline in January.