AeroVironment's Shagadelic Stock Drop! Groovy Baby, or Not?

Is This My Beautiful Drone? Is This My Beautiful Stock?

Alright baby! Austin Powers here giving you the lowdown on AeroVironment. Seems these cats are making a play offering a whopping $750 million in common stock and $600 million in convertible senior notes due in 2030. Austin Danger Powers reporting for duty. Why all the moolah? To pay off debts baby! And maybe just maybe to pump up their manufacturing mojo. Oh behave!

Yeah Baby! Rocketing to the Moon Then a Bit of a Tumble!

These shares went off like a rocket baby! Up 85% this year ballooning their market value like Dr. Evil's ego! But hold on groovy cats they hit a snag. Shares took a bit of a tumble after the announcement like my mojo after a bad curry. Still they are flying high after some good results baby.

Jim Cramer Says What?!

Now listen to this baby! That Jim Cramer the CNBC guru called AeroVironment the "next Palantir of hardware." Palantir baby! Talk about throwing down the gauntlet! It's like saying I'm as groovy as Sean Connery! Almost. Groovy!

Blue Halo: Not Just a Shampoo Baby!

And get this groovy cats they swallowed up Blue Halo for a cool $4.1 billion! That's a lot of cheddar baby! Space related defense tech you say? Sounds like something Dr. Evil would be all over but I'm sure AeroVironment will use it for good... I think.

Trump's Drone Directive: Shagadelic for AeroVironment?

Even President Trump got in on the act with an executive order to boost drone production. Cracking down on unauthorized uses? Good thinking baby! Who knows what Dr. Evil could do with a fleet of drones... maybe laser beams attached? Giggity.

Short Squeeze: The Stock Market Doing the Macarena!

And here's a twist baby! Seems there was a high short interest leading to a short squeeze. This is when the stock price skyrockets forcing those shorting the stock to cover their positions and prevent losses. In other words the stock market doing the Macarena! It can get wild baby! Yeah!