European Stocks Drop as Luxury Sees $30 Billion Value Wipeout [BNN Bloomberg (Canada)]
Danimer Scientific, Inc. (DNMR)
Company Research
Source: BNN Bloomberg
The Stoxx 600 was down 0.3% as of 8:16 a.m. in London. The consumer products and services sector, which includes most luxury stocks, fell the most in more than a month. Energy stocks also lagged, while utilities and technology shares outperformed. Investors are awaiting a crucial Federal Reserve meeting later on Wednesday. Kering SA slumped 13% after warning that sales at Gucci fell about 20% in the first quarter due to a steeper-than-expected decline in the Asia-Pacific region. LVMH Moet Hennessy Louis Vuitton SE, Hermes International SCA and Richemont also slid. Among other single stocks, Johnson Matthey rose after agreeing to sell its medical device business and announcing a buyback program. European stocks have sustained a strong rally for the past two months on resilient global growth and the prospect of rate cuts from central banks. They have also outperformed the S&P 500 in the past eight weeks. With stock-market positioning at such bullish extremes, there's a worry that a
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DNMR
News
- Danimer Scientific Announces Proposed Pro-Rata Distribution of Warrants to Purchase Common Stock [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific Announces Proposed Pro-Rata Distribution of Warrants to Purchase Common StockBusiness Wire
- Will Danimer Scientific, Inc. (DNMR) Report Negative Q1 Earnings? What You Should Know [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific Announces Release Date for First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific Announces Release Date for First Quarter 2024 ResultsBusiness Wire
DNMR
Earnings
- 11/14/23 - Miss
DNMR
Sec Filings
- 5/3/24 - Form 424B3
- 5/3/24 - Form 8-K
- 4/22/24 - Form 424B3
- DNMR's page on the SEC website