AeroVironment stock jumps as Trump’s $1.5T defense budget call lifts AVAV
AeroVironment shares jumped about 7% to $340.20 Thursday after Donald Trump proposed a $1.5 trillion U.S. military budget for 2027. Defense stocks broadly gained, with the S&P aerospace and defense sub-index hitting a record high. Investors are watching for details on the budget and AeroVironment’s next earnings. About 2.26 million AeroVironment shares changed hands by early afternoon.