Loop Industries Stock Soars 61.6% on €10M Financing!
Wednesday, Jun 4, 2025 9:49 am ET1min read
LOOP--
Loop Industries, Inc. surged 61.60% intraday after completing a €10 million convertible preferred stock financing with Reed Societe Generale Group, and its stock price jumped 38% following the announcement. The company is dedicated to driving the transformation of sustainable PET plastics and polyester fibers, with patented technology that converts waste plastic into high-quality Loop™ brand PET resin.
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