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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AeroVironment Inc | NASDAQ:AVAV | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
11.23 | 6.65% | 180.00 | 177.75 | 183.84 | 181.37 | 169.44 | 169.74 | 583,328 | 01:00:00 |
NEW YORK, Nov. 8, 2017 /PRNewswire/ -- Report entitled "Guidance Correction:Crash Imminent" outlines how AeroVironment faces 30%-50% downside risk as a result of poor product performance, competitive positioning and limitations to further buying by select ETFs which have distorted its valuation.
The research report can be found on our website at www.sprucepointcap.com and updates will be posted on twitter @sprucepointcap.
Spruce Point Capital has a short position in AeroVironment, Inc and stands to benefit if its share price falls.
About Spruce Point Capital
Spruce Point Capital Management, LLC, is a forensic fundamentally-oriented investment manager that focuses on short-selling, value and special situation investment opportunities.
Contact
Sean Donohue
Spruce Point Capital Management
sean.donohue@sprucepointcap.com
212-519-9813
Spruce Point Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 288248.
View original content:http://www.prnewswire.com/news-releases/spruce-point-capital-releases-a-strong-sell-forensic-research-opinion-on-aerovironment-inc-nasdaq-avav-300551981.html
SOURCE Spruce Point Capital Management, LLC
Copyright 2017 PR Newswire
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