AeroVironment Targeted by Activist, Stock Plummets

An activist stock investor has targeted AeroVironment, one of the leading suppliers of small unmanned aircraft to the U.S. military, sending the California company’s stock plummeting and raising expectations of future volatility around the drone maker. Activist Spruce Point Capital Management...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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