Published on 30 Dec 2022 on Zacks via Yahoo Finance
AppHarvest, Inc. (APPH) Gains As Market Dips: What You Should Know
AppHarvest, Inc. (APPH) closed at $0.57 in the latest trading session, marking a +0.57% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.25%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, added 5.91%.
Coming into today, shares of the company had lost 37.06% in the past month. In that same time, the Business Services sector lost 1.51%, while the S&P 500 lost 2.59%.
Investors will be hoping for strength from AppHarvest, Inc. as it approaches its next earnings release. The company is expected to report EPS of -$0.31, down 10.71% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $4.2 million, up 36.81% from the year-ago period.