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 stock yearly return is shown above.
The yearly return on the LOCL stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the LOCL annual return calculation with any dividends reinvested as applicable (on ex-dates).
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