APPH - AppHarvest: What To Look For In The Next Pullback
- After falling 94% in one year, shares of indoor farmer AppHarvest, Inc. have rebounded off their lows with most of the move post-release of it FY22 outlook.
- The company has been helped by an uptick in its own tomato quality coupled with a sharp bounce in overall tomato prices.
- With significantly superior yields versus traditional outdoor farming and three more production facilities expected to come online in 2H22, this busted IPO merited a deeper dive.
- A full investment analysis follows in the paragraphs below.
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AppHarvest: What To Look For In The Next Pullback