Why AeroVironment Shares Are Up Today
It's been a good week for AeroVironment (NASDAQ: AVAV). Shares of the drone maker are up more than 11% as of 3 p.m. EST on Thursday, as investors digest the company's earnings report and a new military contract.
AeroVironment shares were caught up in some of the momentum trading early in the year, soaring higher in January in part thanks to its association with exchange-traded funds (ETFs) run by Cathie Wood's Ark Invest.
Image source: AeroVironment.
Source Fool.com


