Plunge in Atlantic Sapphire shares draws scrutiny of Norwegian financial regulator

Trading volume was unusually high and the share price fell significantly.

On Tuesday, Atlantic Sapphire announced a $60 million (€54 million) share issue as part of a financial package which is intended to bring the first phase of its Miami facility into profitability. — On Tuesday, Atlantic Sapphire announced a $60 million (€54 million) share issue as part of a financial package which is intended to bring the first phase of its Miami facility into profitability.Photo: Atlantic Sapphire

Published 21 August 2024, 15:36Updated 21 August 2024, 16:16

Land-based aquaculture Norway Stock Markets Oslo Stock Exchange Atlantic Sapphire