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Why AgEagle Aerial Systems Stock Is Falling Today

TheMotleyFool

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Why AgEagle Aerial Systems Stock Is Falling Today

Shares of AgEagle Aerial Systems (NYSEMKT: UAVS) traded down as much as 20% on Thursday after a short-seller issued a report calling the company "a pump & dump scheme" designed "to defraud U.S. investors."

We've chronicled AgEagle's meteoric recent rise. At least one market watcher is questioning the foundation those gains were built on.