Reported 10 days ago
Edible Garden AG Incorporated (EDBL) has been labeled one of the worst stocks in the vertical farming and hydroponics sector due to significant financial struggles, including a 72% drop in share price and declining revenue. Despite increased gross profit margins, the company's vulnerabilities, compounded by high operational costs and supply chain issues, raise concerns about its long-term viability and investor sentiment. Faced with competition and a tendency towards more promising sectors, EDBL's strategic direction remains uncertain.
Source: YAHOO