| AppHarvest, together with its subsidiaries, is an applied technology company in Appalachia developing and operating indoor farms, designed to grow non-GMO, chemical pesticide-free produce, using primarily recycled rainwater. We show 9 historical shares outstanding datapoints in our APPH shares outstanding history coverage, used to compute APPH market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APPH market cap history over the course of time is important for investors
interested in comparing APPH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of APPH versus a peer is one thing; comparing
APPH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like APPH can fluctuate over the course of history.
With this page we aim to empower investors researching APPH by allowing them to research the APPH market cap history.