Advertisement
UK markets open in 7 hours 43 minutes
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     
  • CRUDE OIL

    82.80
    -0.01 (-0.01%)
     
  • GOLD FUTURES

    2,330.00
    -8.40 (-0.36%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • Bitcoin GBP

    51,519.25
    -1,685.72 (-3.17%)
     
  • CMC Crypto 200

    1,384.80
    -39.30 (-2.76%)
     
  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     
  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     

Why AeroVironment Stock Is Rocking Today

Why AeroVironment Stock Is Rocking Today

Tiny defense-contracting company AeroVironment (NASDAQ: AVAV) flapped its wings and flew higher in early trading on the Nasdaq Tuesday, rising 13.5% through 10:45 a.m. ET. Investors can thank an upgrade to strong buy from investment-bank Raymond James (RJ) for the move. This is somewhat surprising, as it comes less than a month after AeroVironment disappointed investors with a sizable 20% earnings miss in its fiscal Q3 2023 earnings report.