Archer Aviation (ACHR) closed at $7.73 in the last session, a 4.45% drop. The S&P 500 was basically flat. Even with the dip, the stock has gained over 7% in the last month, beating the aerospace sector average. Investors are watching the upcoming earnings release. Estimates project a loss of $0.17 per share, which would be a 64% improvement compared to the same quarter last year. Full year projections see a loss of $0.74 per share. Zacks currently has a Hold rating on the stock.