APPH - Why AppHarvest Stock Is Up Today
Shares of AppHarvest (NASDAQ: APPH) gained as much as 12% on Monday following the farm-tech company's quarterly earnings report. The quarter wasn't much to get excited about, but the company's thoughts on its future are catching eyes.
AppHarvest is a farming start-up that hasn't been public for long, joining public markets in February via a merger with a special purpose acquisition company, or SPAC . The quarterly earnings report provided the company an opportunity to update investors on how the business is doing and update its outlook.
Image source: AppHarvest.
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Why AppHarvest Stock Is Up Today