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Why AeroVironment Stock Is Soaring Today
AeroVironment (NASDAQ: AVAV) topped quarterly expectations and closed out its fiscal year with its highest total bookings on record. Investors are pleased, sending shares of the drone manufacturer up 26% as of 10:30 a.m. ET.Image source: AeroVironment.AeroVironment is a manufacturer of small-to-midsized military-grade unmanned aerial vehicles (UAVs). The company's products have demonstrated their value on the battlefield in Ukraine, attracting a lot of interest among investors.Continue reading
AeroVironment (NASDAQ: AVAV) topped quarterly expectations and closed out its fiscal year with its highest total bookings on record. Investors are pleased, sending shares of the drone manufacturer up 26% as of 10:30 a.m. ET.
Image source: AeroVironment.
AeroVironment is a manufacturer of small-to-midsized military-grade unmanned aerial vehicles (UAVs). The company's products have demonstrated their value on the battlefield in Ukraine, attracting a lot of interest among investors.
