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Why AeroVironment Stock Is Losing Altitude Today

TheMotleyFool 
0 0 06.11.25
Why AeroVironment Stock Is Losing Altitude TodayPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.midjourneyapi.xyz/temp/138548fd-aba2-4b3e-b9ee-93725b372952.png
 

Each day this week, (NASDAQ: AVAV) stock had closed slightly lower than where it had ended on the preceding day. That trend seems poised to continue today as shares of the drone maker continue to descend lower.

The cause for today's drop? Two of Cathie Wood's Ark Invest exchange-traded funds (ETFs) reported selling shares of AeroVironment yesterday, and investors seem motivated to follow suit today.

As of 1:57 p.m. ET, shares of AeroVironment are down 5.3%, recovering slightly from their earlier decline of 6.8%.

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Source Fool.com

Aerovironment Stock

€166.85
0.120%
Aerovironment gained 0.120% compared to yesterday.
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 53.43% for Aerovironment compared to the current price of 166.85 €.
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