Archer Aviation drops amid short report from Culper Research (update)

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An unmanned passenger air taxi flies over the sea. The concept of the future driverless taxi. 3D Rendering

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Update 3:10pm: Adds Archer Aviation comment.

Archer Aviation (NYSE:ACHR) fell 1.9% after a short report from Culper Research.

Culper Research disclosed that it's short shares of Archer Aviation (NYSE:ACHR).

“Christian Lamarco has a reputation for ‘shorting and distorting’ various stocks," an Archer Aviation spokesperson said

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