4 Shocking Reasons Shares of AgEagle Aerial Systems Are Plunging
Shares of agriculture drone manufacturer AgEagle Aerial Systems (NYSEMKT: UAVS) crashed and slipped 9.7% as of 1:30 p.m. EDT Tuesday. The fact is the market has solid reasons to be miffed despite AgEagle just delivering stupendous second-quarter numbers. First, AgEagle isn't growing organically, but rather is banking heavily on acquisitions for growth.