AVAV is up 15% on strong earnings

Shares of Aerovironment Inc (AVAV) are trading 15% higher at a price of $101.59 at the time of this writing. While it's a slightly pessimistic day for the Industrials sector in general, the stock is rapidly outperforming it's peers.

-AeroVironment reports a first-quarter fiscal 2023 quarterly non-GAAP loss of 10 cents
-The company's net sales improve 7% year over year to $108.5 million

Aerovironment Inc has been trading between a 52-week high of $114.11 and a 52-week low of $52.03. The stock has a market cap of $2.53 Billion.

AeroVironmentprovides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers.