Solazyme Falls as Roquette Algae-Food Joint Venture Ends
This article is for subscribers only.
Solazyme Inc., the maker of algae-based biofuel and nutritional products, fell the most in 21 months after terminating a food-product joint venture citing “divergent” views with French partner Roquette Freres SA.
Solazyme slumped 13 percent to $10.94 at the close in New York, the most since Sept. 22, 2011.