June 25, 2026
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$89M error crashes drone firm’s shares

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Drone manufacturer AeroVironment shifted its headquarters from Simi Valley in 2021. Shares of AeroVironment, a drone maker with major operations in Simi Valley and San Luis Obispo, have been in free fall after the company announced it had made an $89 million accounting error. In a filing with the U.S. Securities and Exchange Commission, AeroVironment…

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