SECURITYApr 19 · 19:45 UTCBLOOMBERGBernadette Toh, Matthew Burgess

Traders Brace for Renewed Turmoil on Hormuz Standoff

Traders are preparing for potential market instability due to a standoff in the Hormuz Strait. Aevex Corp., a military drone manufacturer, saw its shares increase by 15% after raising $320 million through a U.S. IPO.

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Mentioned

Aevex Corp.organizationAmerican Stock Exchange (AMEX)organizationNew York Stock Exchange (NYSE)organizationHormuz Standofftopicmilitary dronestopic

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