Why AeroVironment Stock Is Falling Today

Why AeroVironment Stock Is Falling Today
Lou Whiteman, The Motley Fool
·2 min read

Shares of drone-maker AeroVironment (NASDAQ: AVAV) have soared in 2021, thanks in no small part to its association with red-hot investment firm Ark Invest. AeroVironment is a maker of small- to mid-sized drones that are primarily used by the military. Tuesday is a tough trading day for high-growth tech names, especially the ones that are part of Ark Invest investment vehicles, as investors fret the company could be forced to sell some of its holdings if there's an uptick in selling of its ETFs.