DRONE INSANITY GRIPS INVESTORS $AVAV $AMZN $TSLA $ZU $CRAY #DRONE
On March 5, drone insanity gripped investors. They ran up the stock of drone maker AeroVironment by $6.71, or 21.33%, after the company reported earnings the day before slightly ahead of expectations. Ill-informed investors with stars in their eyes jumped on the chance of making money from commercial drones as the media whipped up the hype. This actually opens up another opportunity, but perhaps not the one they’re thinking. It was not long ago that Amazon AMZN released a video of a drone delivering a package. Add to that the fact that electric-car marker Tesla TSLA is hot, and AeroVironment is