AppHarvest, Inc. (NASDAQ:APPH)’s stock price was down 9.7% during trading on Tuesday . The stock traded as low as $30.15 and last traded at $34.00. Approximately 1,428,354 shares traded hands during mid-day trading, an increase of 97% from the average daily volume of 726,656 shares. The stock had previously closed at $37.64.
Separately, Cowen began coverage on shares of AppHarvest in a research note on Thursday, February 11th. They issued an “outperform” rating and a $42.00 target price for the company.
AppHarvest Company Profile (NASDAQ:APPH)
AppHarvest, Inc engages in building and operating controlled-environment greenhouse farms for producing agricultural products. Its greenhouses distribute more water and reduces usage of water. The company produces vegetables. AppHarvest, Inc was founded in 2017 and is based in Lexington, Kentucky.
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