DNMR - Danimer Scientific: Growth Opportunities Will Promote Its Stock Price
- Danimer has recently rearranged issuance of senior convertible notes to $200 million total principal amount from $175 million.
- Despite the operating loss, the company managed to improve its net profit during the last quarters.
- In fact, Danimer is in the beginning stage of its business expansion.
- Modernization of the Kentucky plant and construction of the Georgia facility are expected to boost profitability.
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Danimer Scientific: Growth Opportunities Will Promote Its Stock Price