Why AeroVironment Stock Dived by 10% Today [Yahoo! Finance]
AeroVironment, Inc. (AVAV)
Last aerovironment, inc. earnings: 3/3 04:10 pm
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US:NASDAQ Investor Relations:
investor.avinc.com/investor-relations
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Source: Yahoo! Finance
The specialized defense company saw its share price sink by almost 10% that day, due to a work stoppage on a very lucrative arrangement between the company and the U.S. government. By contrast, the S&P 500 index, largely free of such burdens, inched 0.1% higher on the day. Drone dispute AeroVironment, which focuses on developing and manufacturing combat drones such as the popular Switchblade, disclosed in a regulatory filing that a protest has been filed with the U.S. government against the Army's current Switchblade contract with the company. As a result of this action, the Army issued a stop work order on the contract. The protest, filed with the federal Government Accountability Office (GAO), is currently being considered by that organization. The company expects the GAO to render a decision on the matter by Dec. 16. At the end of August, the Army awarded an indefinite-delivery, indefinite-quantity contract for Switchblade systems to AeroVironment. The contract, the complet
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AVAV
News
- Why AeroVironment Stock Dropped 5% Today [Yahoo! Finance]Yahoo! Finance
- AeroVironment, Inc. (NASDAQ: AVAV) was downgraded by analysts at Jefferies Financial Group Inc. from a "buy" rating to a "hold" rating. They now have a $240.00 price target on the stock.MarketBeat
- Palmer Luckey and other defense tech leaders see Trump's victory as a win for the industry [Business Insider]Business Insider
- AeroVironment (AVAV) Stock Moves -0.24%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- With 88% ownership of the shares, AeroVironment, Inc. (NASDAQ:AVAV) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
AVAV
Earnings
- 9/4/24 - Beat
AVAV
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form SCHEDULE
- 10/18/24 - Form 8-K
- AVAV's page on the SEC website