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Why AeroVironment Stock Dropped Today

TheMotleyFool 
0 0 20.01.26
Why AeroVironment Stock Dropped TodayPhoto, wide shot, wide-angle lens, Aerospace components, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/3938f51e-9b01-45a9-aed1-ff9d047063fc.png
 

(NASDAQ: AVAV) stock tumbled 4.7% through 10:50 a.m. ET Tuesday, and it's not hard to figure out why ... although AV isn't making it easy, and you do have to do a little digging:

This morning, the U.S. Government "issued a stop work order on the Company's Other Transaction Agreement for the delivery of BADGER phased array antenna systems to support the Satellite Communication Augmentation Resource ("SCAR") program."

Image source: AeroVironment.

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Source Fool.com

Aerovironment Stock

€145.70
-3.130%
Aerovironment took a tumble today and lost -€4.700 (-3.130%).
The stock is one of the favorites of our community with 58 Buy predictions and 1 Sell predictions.
With a target price of 256 € there is a hugely positive potential of 75.7% for Aerovironment compared to the current price of 145.7 €.
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