Published on 19 Nov 2022 on Simply Wall St. via Yahoo Finance
Even the best investor on earth makes unsuccessful investments. But it would be foolish to simply accept every extremely large loss as an inevitable part of the game. It must have been painful to be a AppHarvest, Inc. (NASDAQ:APPH) shareholder over the last year, since the stock price plummeted 77% in that time. That'd be enough to make even the strongest stomachs churn. Because AppHarvest hasn't been listed for many years, the market is still learning about how the business performs. Shareholders have had an even rougher run lately, with the share price down 60% in the last 90 days. This could be related to the recent financial results - you can catch up on the most recent data by reading our company report.
With the stock having lost 19% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
See our latest analysis for AppHarvest