AeroVironment stock jumps as BlueHalo sales remake AVAV earnings and index profile
Shares of AeroVironment, Inc. were quoted at $166.40 in premarket trade, up $27.40, or 19.7%, from Monday’s $139.00 close, after the drone and defense-technology company beat fourth-quarter estimates. MarketWatch listed the quote as delayed at 4:05 a.m. EDT. The price move would add roughly $1.37 billion to equity value, using MarketWatch’s 49.93 million shares outstanding. Even at the premarket quote, the stock was still about 60% below its 52-week high of $417.86.