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Viscofan, Under Attack From a Hedge Fund, Collapses in the Stock Market Following Accusations About a Factory in the United States
Summary by Business Insider (Spain)
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Viscofan, the Spanish multinational that manufactures artificial guts for sausages and other food products, falls in stock on Wednesday around 1.5%, which joins the collapse of 13.2% on Tuesday, in the midst of an incipient reputational crisis over its activities in its factory in Danville, Illinois, USA. The company has lost more than 400 million euros of stock market capitalization in a few hours.
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