The drone company reported earnings and investors liked what they saw at first, but the enthusiasm cooled off quickly.
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|Symbol||Last Price||Market Cap||% Δ 1 Yr||% Δ 5 Yr|
AgEagle Aerial Systems Inc
News & Analysis: AgEagle Aerial Systems Inc
The company is building inroads with the Pentagon.
A big part of the bull thesis evaporated this week.
The drone manufacturer reported solid numbers, but the real story lies beneath the surface.
The FAA just cleared the way for eventual drone delivery services.
The stock popped yesterday, but investors are re-evaluating that decision. It's not surprising.
This drone stock has taken investors on a wild up-and-down ride.
The company reported earnings, which weren't very good. But that isn't the big story.
The drone maker saw a quick gain today, but there's a much bigger picture here.
A short report costs this high-flying drone manufacturer some of its altitude.