What happened Shares of AgEagle Aerial Systems (NYSEMKT: UAVS), a drone solutions provider, fell 22.7% in March, according to data from S&P Global Market Intelligence. For context, the S&P 500 index returned 4.4% last month. Image source: AgEagle. So what March performance We can probably attribute AgEagle stock's weak performance last month largely to market-related factors, rather than more company-specific ones. Shares of many highly valued so-called growth stocks, especially ones whose prices have soared recently, pulled back last month. AgEagle stock certainly fits the bill, as this chart shows. Data by YCharts. April performanceAgEagle stock kicked off April on a powerful note. It gained 16.8% on Thursday, April 1, following the company's release the prior afternoon of its 2020 results. Investors were likely pleased with the strong revenue growth and positive comments from management. In 2020, AgEagle's revenue rocketed 333% year over year to about $1.3 million. The company attributed the increase primarily to "orders to manufacture and assemble drones and related drone delivery product" for its "large e-commerce client.'' It has not named this customer, resulting in wild speculation. Revenue also got a boost from new customers within the agricultural market licensing the company's aerial imaging and analytics solutions. Bottom-line results deteriorated. In 2020, AgEagle posted a net loss of $14.0 million, or $0.35 per share, compared to a net loss of $2.7 million, or $0.17 per share, in 2019. Now what AgEagle is a very small company, and profitability is not in sight. Its stock is speculative and volatile. Risk-tolerant investors should do much due diligence before deciding to invest in this company. 10 stocks we like better than AgEagle Aerial Systems IncWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and AgEagle Aerial Systems Inc wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Beth McKenna has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source