AeroVironment reported earnings of $1.84 per share on revenue of $642 million, exceeding analyst expectations of $1.46 per share on $559 million in revenue, which led to a 30% increase in its stock price. In contrast, Digital Realty Trust's shares dropped 4.5% after announcing a $7.8 billion deal to acquire a stake in three fully leased data centers from Blackstone.
Additionally, Merck and AbbVie saw minor declines of 0.6% and 0.5%, respectively, as a U.S. House committee initiated an investigation into their involvement in clinical trials in China that may have supported the country's military capabilities.
Strategy, a crypto proxy stock, lost over 3%, reversing some of its previous day's gains where it had surged 22.6%, marking its best performance since February 6