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Barchart
Barchart
Amit Singh

Is the Dip in AeroVironment Stock a Buying Opportunity?

Shares of AeroVironment (AVAV) tumbled 17.4% after a report by SpaceNews indicated that the company’s roughly $1.4 billion contract related to the U.S. Space Force could be reopened for competitive bidding. The development introduces uncertainty around what had been considered a significant long-term revenue driver.

What’s Behind the Drop in AVAV Stock?

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