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Defense Stock Rises After Upbeat Q1 Results, Bull Notes

Source: schaeffersresearch.com

Corporate EarningsCompany FundamentalsInfrastructure & Defense
Defense Stock Rises After Upbeat Q1 Results, Bull Notes

AeroVironment shares rose 6% to $149.33 after the defense-drone company reported fiscal first-quarter earnings and revenue above Wall Street estimates. The earnings beat indicates stronger-than-expected quarterly operating performance and is likely to support near-term investor sentiment toward the stock.

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