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Aevex Corp. shares rose 15% after the military drone maker raised $320 million in a U.S. initial public offering. The deal highlights investor appetite for defense-related growth names and newly listed equities. The move is positive for Aevex, though the broader market impact is limited.

Analysis

Aevex Corp. shares rose 15% after the military drone maker raised $320 million in a U.S. initial public offering. The deal highlights investor appetite for defense-related growth names and newly listed equities. The move is positive for Aevex, though the broader market impact is limited.