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2 Stocks Plummeting on Disappointing Guidance
Schaeffers Investment Researchยท2025-03-05 15:45

AVAV and CRWD are sharply lower after earnings, with the former hitting 52-week lowsAeroVironment, Inc. (NASDAQ:AVAV) is down 19.1% at $114.84 at last glance, following the defense contractor's fiscal third-quarter earnings miss and disappointing full-year guidance, with estimates of $780 to $795 million falling short of analysts' expected $820 million. As a key supplier of guided munitions to Ukraine, President Trump's wavering support is weighing on the shares as well. In response, Baird lowered its price ...