DNMR - Danimer Scientific: Standing Strong At The Selloff Floor
- Danimer stands to soon lead at the frontier of a very young bioplastics industry poised to expand by 17.4% annually as preferences increase towards ESG products.
- Danimer's flagship product Nodax PHA could break the bioplastics market in the next few years with its faster decomposition time and ability to decompose in bodies of water.
- The company has brokered relationships with numerous large brands including PepsiCo and Mars Wrigley.
- The 2021 sell-off that dropped DNMR from its high of $66.30 in February to a low of $10.73 has decelerated, bringing the budding growth company to a reasonable valuation.
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Danimer Scientific: Standing Strong At The Selloff Floor