AeroVironment is trading at $110.25, down 10.75%, amid defense-sector pressure after Democrats won control of both chambers of Congress, prompting concern about tighter scrutiny of military spending and contractor demand.
- Peer defense shares also fell, supporting a sector-led explanation.
- The sharp intraday decline came despite major U.S. indexes rising.
- Available coverage identified no new AeroVironment announcement or clear company-specific catalyst.