Loop Industries Inc
Chemicals
Loop Industries Inc (LOOP) Stock News
The latest LOOP headlines and market coverage — 1 recent story, updated throughout the day.
- Benzinga·
Why Loop Industries (LOOP) Stock Fell 8.5% After Hours On Tuesday
Loop Industries shares fell 8.5% in after-hours trading to $0.92 after the company disclosed substantial doubt about its ability to continue as a going concern in its annual report. The recycling technology company stated that existing cash resources and available credit will be insufficient to fund operations for the next 12 months, requiring additional financing through debt, equity, or government incentives. Despite reporting a $12.2 million net loss for fiscal 2026, the company continues advancing commercialization efforts including a planned $165-170 million recycling facility in India and a recently completed technology license sale in Europe.