Kessler Topaz Meltzer & Check, LLP: Investigation on Behalf of AppHarvest, Inc. Shareholders

Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of purchasers of AppHarvest, Inc. (NASDAQ: APPH) (“AppHarvest”) securities between February 25, 2021 and August 10, 2021. 

AppHarvest investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.

AppHarvest is an applied technology company that develops and operates some of the world’s largest high-tech indoor farms, designed to grow non-GMO, chemical pesticide-free produce, using up to 90 percent less water than open-field agriculture and only recycled rainwater while producing yields up to 30 times that of traditional agriculture on the same amount of land without agricultural runoff.   

On August 11, 2021, AppHarvest announced financial results for the second quarter ended June 30, 2021. The company reported a $32 million net loss in the second quarter and lowered its full year sales guidance to a range of $7 million to $9 million from a prior range of $20 million to $25 million.

Following this news, AppHarvest’s stock price fell $2.46 per share, or 20.55%, to close at $8.51 per share on August 11, 2021.

If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP:  James Maro, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected].