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AeroVironment Inc. (AVAV) Is Pulling Back Following 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.

AeroVironment has gapped open lower Wednesday morning and is now down 4.18 at $46.34. The stock has fallen to nearly a 1-month low.

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