Martha Stewart-Backed AppHarvest Plunges After Farm Delays
Feb 1st 2022 8:22am EST
Martha Stewart-Backed AppHarvest Plunges After Farm Delays On Monday, high-tech greenhouse startup AppHarvest plunged as much as 23% to $2.66, a 52-week low after reporting worsening preliminary 2021 financial results and farm delays. The company expects a full-year net loss between $170-$172.5M, including fourth-quarter non-cash goodwill and an intangible impairment charge of around $60M. FY21 […]
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