Danimer Scientific Announces Second Circuit Court Affirms Dismissal of Class Action Lawsuit
Danimer Scientific, Inc. (DNMR)
Company Research
Source: Business Wire
BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific, Inc. (NYSE: DNMR) (“Company” or “Danimer Scientific”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced that, on September 27, 2024, the United States Court of Appeals for the Second Circuit affirmed the 2023 Order of the United States District Court for the Eastern District of New York dismissing a previously disclosed putative class action complaint captioned In re Danimer Scientific, Inc. Securities Litigation. Subsequently, the plaintiffs in the three shareholder derivative cases that had been pending in state and federal courts in Delaware, which cases had been stayed pending the outcome of the Second Circuit case, dismissed their complaints.“We are pleased that the Second Circuit upheld the District Court’s decision as we expected and to have the other derivative cases dismissed,” said Richard Altice, Danimer’s Interim Chief Executive Officer. “W
Show less
Read more
Impact Snapshot
Event Time:
DNMR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DNMR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DNMR alerts
High impacting Danimer Scientific, Inc. news events
Weekly update
A roundup of the hottest topics
DNMR
News
- Danimer Scientific Takes Action to Strengthen Capital Structure [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific Takes Action to Strengthen Capital StructureBusiness Wire
- Biodegradable Plastics Market Global Forecast to 2029 [Yahoo! Finance]Yahoo! Finance
- Biodegradable Plastics Industry Research Business Report 2024-2030: Advancements in Compostable and Marine-Degradable Plastics Expand Market Opportunities [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific, Inc. (NYSE: DNMR) had its price target lowered by analysts at TD Cowen from $40.00 to $5.50. They now have a "hold" rating on the stock.MarketBeat
DNMR
Earnings
- 11/19/24 - Beat
DNMR
Sec Filings
- 12/17/24 - Form 424B3
- 12/17/24 - Form 8-K
- 12/13/24 - Form 424B3
- DNMR's page on the SEC website