
Air taxi stocks including EHang, Archer Aviation, and Joby Aviation surged Monday amid a strong overall market rally, with EHang leading gains at 18%. This rise occurred despite no new company-specific or sector news, driven mainly by improved investor risk appetite following a U.S.-Iran peace deal. These companies remain speculative and pre-commercial, making their stocks sensitive to market mood rather than fundamentals. Investors should watch for upcoming FAA certifications and commercial milestones as future catalysts.