Chilean salmon stock prices unaffected by virus, analyst says

Contrary to a recent Bloomberg report attributing a 17-month low in stock prices of the Chilean company MultiExport Fooods to a virus in Chilean waters, a Chilean analyst says the virus – which has had no affect on fish – cannot be blamed for the stock’s long term status.

“I don’t think it has had an effect on the companies,” Aquaculture Analyst Ignacio Spencer, with Chilean-based IM Trust, told IntraFish, referring to “heart and skeletal muscle inflammation” (HSMI), a virus found in salmon.