price up icon1.13%   +0.0487

Why is Edible Garden Ag Inc (EDBL) Stock down?

We've noticed a 5.96% decline in Edible Garden Ag Inc (EDBL) stock during the 2024-06-21 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
13 Nov, 2023:

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.

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