AVAV stock: AeroVironment (NASDAQ) down 8% to $258.93 intraday 23 Feb 2026: monitor BlueHalo and LOCUST

Shares of AeroVironment, Inc. (AVAV) fell 8.07% intraday to $258.93 on 23 Feb 2026, reversing a recent rally amid mixed headlines and profit taking. This AVAV stock move came with volume of 488,988 shares versus a 30‑day average of 1,356,025, signaling above‑average intraday pressure. We review the drivers — from the BlueHalo acquisition to LOCUST deployment reports — and show how the data connect to valuation, technicals, and short‑term catalysts for AI and defense investors.