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Itaconix – positive production from a leading innovator… or delivery delays from another Neil Woodford pick dog?...

By Steve Moore | Tuesday 21 December 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Describing itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) has announced that “successful” interim measures have enabled it to have “met and expects to continue to meet all customer orders” after water damage for which it has filed an insurance claim for property damage and operational costs incurred. What though of a current more than 33% higher share price response?…

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