AVAV · PEAD ↓ 83

AeroVironment reported Q4 FY2026 results on 2026-06-23 (after market close); consensus EPS was $1.47 — actual EPS not yet in our feed.

Print-day reaction was −1.5% from the prior close, with the stock opening well below T−1 and closing near session lows. The overnight gap to the T+1 open added a further −0.9%, indicating no after-hours recovery and sustained selling pressure. Day 1-through-3 drift extended the damage by an additional −3.0%, confirming a clean continuation of the initial negative reaction with no mean-reversion. Cumulative abnormal return of −6.8% versus SPY.US places this squarely in PEAD short territory; the drift-confirms-reaction pattern persists, and the holding window runs through 2026-09-18.