Viscofan Stock Plunges on US “Toxic Emissions” Allegations – Is a Rebound Coming?
Viscofan shares fell about 13% in five days to €50.75 on Oct 15, after a US media report accused its Illinois plant of toxic emissions. The company denied any violations, stating the facility meets strict environmental standards. Year-to-date, the stock is down 17%. Market cap stands near $3.1 billion.