Local Bounti is a producer of sustainably grown living lettuce, herbs and loose leaf lettuce. Co. is a controlled environment agriculture company that utilizes patent pending Stack & Flow Technology, which is a hybrid of vertical farming and hydroponic greenhouse farming, to grow healthy food. The LOCL average annual return since 2021 is shown above.
The Average Annual Return on the LOCL average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether LOCL average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the LOCL average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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