Aevex Corp. Shares Rise 35% Following $320 Million US IPO
Aevex Corp. shares surged 35% after its $320 million US IPO, valuing the company at $3 billion. The drone maker, which generated significant revenue from Ukraine, is positioned to benefit from growing demand for autonomous systems in defense. The IPO priced at $20 per share, with shares closing at $26.93.
Topics: corporate funding defense industry IPO military drones stock price movement Ukraine conflict