Why AeroVironment Stock Skyrocketed Today
Unmanned vehicles are a vital part of the modern battlefield.
Overview
Shares of AeroVironment (NASDAQ: AVAV) surged on Tuesday after the drone specialist delivered strong gains in revenue and earnings.
Image source: Getty Images.
AeroVironment's revenue soared 133% year over year to $641.6 million in its fiscal fourth quarter, which ended on April 30.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.