AeroVironment fell more than six points, the space ETF also fell five or six points, drones and commercial aerospace saw significant declines today; GE Aerospace fell slightly, large-cap stocks were relatively stable😔

Defense drones and aerospace stocks have high volatility, they give back gains quickly when overall market risk appetite contracts. In contrast, a blue-chip like GE Aerospace, backed by stable civil aviation and military orders, is hard to move down or up. Hanging on the same "aerospace" label, the difference in order certainty is most apparent on days like this.