More than $927 million (€811 million) was wiped off the combined market values of land-based salmon producers in 2021, and the losing streak is continuing in the first weeks of the new year for most of the major companies.
Land-based leader Atlantic Sapphire led the losses last year following a string of setbacks at its Bluehouse farming site in Miami, and a fire that burned down its Denmark plant.
As a result of the troubles, the company saw its share price fall 64 percent, wiping away nearly $800 million (€700 million) in market capitalization.
