AVAV is trading 6% down today at $201.46 as the stock undergoes consolidation and profit-taking following a significant multi-day rally.
- The stock surged more than 18% on May 28, 2026, after AeroVironment secured a $20 million, 39-month contract with the Air Force Research Laboratory (AFRL) for ceramics and materials.
- Despite the current pullback, market sentiment remains generally positive regarding the company's defense and drone technology portfolio.