Edible Garden Ag Inc (EDBL)

Edible Garden AG Stock (EDBL) dropped by 16.16% from $0.631 to $0.529 in the trading on Monday November 13, 2023. The reason why EDBL stock down today is due to the third-quarter results. Edible Garden, a company specializing in vertical farming technology, has announced its financial results for the third quarter of 2023. The company reported a quarterly loss of $0.69 per share, which represents a significant improvement from the $7.20 per share loss reported in the same period last year. Revenue for the quarter came in at $3.29 million. Investors are still worried as the company did not made any earnings in the quarter.