Why AppHarvest Stock Jumped 20.7% Today
Shares of indoor farming stock AppHarvest (NASDAQ: APPH) had jumped as much as 23.9% in trading on Thursday after the company reported earnings. Shares were near their daily highs at 2:20 p.m. EST.
AppHarvest reported $543,000 in sales for the third quarter of 2021 and a net loss of $17.3 million, or $0.17 per share. That loss included a $15.8 million gain on private warrants; loss from operations was $32.3 million.
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Source Fool.com