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Loop Industries plunges 22% after a short-seller accused its patented plastic-recycling technology of being ‘very misleading’

Loop Industries’ shares fell 22% on Tuesday after Hindenburg Research alleged the company’s plastic-recycling technology is highly misleading. The short-seller blasted Loop’s independent review for using the word “pure” loosely and for not providing any details on the economic viability of its technological process. “Information on purity without cost and […]
Loop Industries plunges 22% after a short-seller accused its patented plastic-recycling technology of being ‘very misleading’
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