UK Markets close in 5 hrs 49 mins

Why AgEagle Aerial Systems Stock Is Falling Again Today

·2-min read
Why AgEagle Aerial Systems Stock Is Falling Again Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Investors have now had 24 hours to digest the AgEagle Aerial Systems (NYSEMKT: UAVS) earnings report, and they still aren't finding much to get excited about. The maker of small, agriculture-focused drones burst onto the scene last year, going from penny stock status valued by the market at less than $10 million to a nearly $1 billion market capitalization at its high on rumors the company was working with Amazon on a retail delivery drone. This week's earnings report appears to have poured a cold dose of reality on those dreams about what the business could become.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting