Despite the falling price of salmon worldwide, Chilean salmon giant Multiexport Foods saw its stock price skyrocket by 22.4 percent in October.
At the same time, companies such as Marine Harvest saw stock prices fall 76 percent on the Oslo stock exchange.
The secret to the $252 million (€177.92 million) company’s success lies in what the company was doing at the beginning of 2011, analysts told IntraFish.
“They put fish in the water, just when the infectious salmon anemia (ISA) crisis ended, so they were the first company to have Atlantic salmon at very high prices,” IM Trust analyst Ignacio Spencer told IntraFish.
The
