Why AeroVironment Stock Is Soaring to a New All-Time High Today

Drone maker AeroVironment (AVAV 29.58%) had a great quarter and sees further growth up ahead. Investors are rallying into the shares as a result, with the stock up 28% and hitting a new all-time high as of 11:30 a.m. ET.Growth is acceleratingAeroVironment is the maker of uncrewed aerial vehicles (UAVs) for the U.S. military and other customers. The company's products have been battle-tested by the conflict in Ukraine, which has also helped U.S. and allied military planners recognize the importance of UAVs i ...