AeroVironment Stock Drops Despite $100 Million Investment
AeroVironment shares are dipping Monday after it announced plans for a $100 million investment in a new campus in Moorpark, California.
AeroVironment is spending $100 million to build a new office campus, which is a big bet on growing the company—but investors got nervous about the cost anyway. When companies spend huge amounts of money, watch whether their business grows enough later to make it worth it.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.