AeroVironment is trading at $121.98, down 4.05% at 2:03 p.m. on October 14, as hotter-than-expected September CPI lifted rate concerns and weighed on technology and growth stocks.
- Major U.S. indices were also sharply lower.
- AeroVironment was reported to have reached a 52-week low; the report identified no new company-specific catalyst. Its recent earnings beat estimates, while analyst views were mixed.