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In a recent episode of Mad Money , Jim Cramer expressed concern that there's too much negativity in the market despite recent movements.
He pointed out that while the Dow gained 38 points on Wednesday , the S&P fell 1.16% , and the NASDAQ dropped 3% , people seemed overly focused on what was going wrong.
Cramer also countered the idea that a recession is inevitable due to the Federal Reserve’s struggle to control the economy.
Last week , AeroVironment Inc. (NASDAQ:AVAV) secured a nearly $1 billion contract to supply these drones to the U.S. Army .
Despite this positive development, the company experienced a decline in after-hours trading.
The drop is partly due to Wall Street's reaction to the company's earnings report, according to Jim Cramer .
VR Score
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