AVAV $297.41 pre-market NASDAQ down 6.62%: AI defense demand may limit downside

AVAV stock opened pre-market at $297.41, down -6.62% from the prior close, as heavy volume hit AeroVironment, Inc. (NASDAQ) in early trading. The company’s focus on unmanned systems and AI-enabled payloads keeps it on investor radars despite stretched valuation. Trade volume of 2,347,900 shares and a relative volume of 3.00 show active repositioning. Investors should weigh recent momentum against high price-to-sales and negative EPS when sizing positions in this U.S. defense tech name.