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Stock impact report

Why AeroVironment Stock Lost 13% in December [Yahoo! Finance]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: Yahoo! Finance
10 stocks we like better than AeroVironment › Shares of AeroVironment (NASDAQ: AVAV) were among the losers last month as the drone-maker posted a disappointing second-quarter earnings report and cut its guidance for the full year. Later in the month, the stock recouped some of those losses on favorable analyst commentary and as the Federal Communications Commission (FCC) announced a ban on some foreign drones, favoring domestic companies like AeroVironment. By the end of the month, the stock was down 13% according to data from S&P Global Market Intelligence . As you can see from the chart below, the stock fell early in the month on the earnings report before recovering some of those losses in the second half. The biggest news out on the drone stock last month was its earnings report. While AeroVironment continues to deliver strong growth, the numbers missed the mark on the bottom line. Revenue jumped 151% to $472.5 million, primarily driven by its acquisition of BlueHalo earl Show less Read more
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