AeroVironment Is Now Down 43% This Year. Is It Time to Sell This Dropping Drone Stock?
The article says AeroVironment is down 43% this year, with its restatement offered as the simplest explanation for its difficult performance. It notes that two drone and defense peers that did not restate results have also fallen alongside AVAV.
Why it matters — AVAV watchers may consider both the company’s restatement and the broader declines among peers when assessing the stock’s performance.