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home / news releases / appharvest too risky and capital expenditures are to

APPH - AppHarvest: Too Risky And Capital Expenditures Are Too High

AppHarvest Inc.
  • I find AppHarvest's mission interesting, but I don’t see how its valuation makes sense.
  • I don't feel the company has proven its core business model yet.
  • The company is burning through its cash reserves and sinking further into debt without showing any signs of positive cash flow.
  • The business will most likely need to dilute its shareholders or take on high leverage to meet its goals.

For further details see:

AppHarvest: Too Risky And Capital Expenditures Are Too High
Stock Information
Company Name: AppHarvest Inc.
Stock Symbol: APPH
Market: NASDAQ
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