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AeroVironment Inc. (AVAV) Is Heading Lower After Q3 Report

AeroVironment Inc. (AVAV) reported a third quarter loss of $0.04 per share after the bell Tuesday. The result was reduced by an estimated $0.13 per share by the Tax Relief and Jobs Act. The consensus estimate was for a profit of $0.05. The stock is now down 3.53 on 27K shares.

AeroVironment traded in a range for the majority of Tuesday's session and closed up by 0.39 at $50.53.

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