Amyris Files For Chapter 11 Proceedings In The U.S. Bankruptcy Court For The District Of Delaware
Portfolio Pulse from Benzinga Newsdesk
Amyris, Inc. (AMRS) has filed for Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware.
August 10, 2023 | 6:35 am
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Amyris, Inc. has filed for Chapter 11 bankruptcy, which may negatively impact its stock price in the short term.
Bankruptcy filings typically lead to a decrease in the stock price as it indicates financial distress. Investors may sell their shares due to the uncertainty surrounding the company's future, leading to a decrease in the stock price.
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