Chilean salmon-farmer shares plummeted Tuesday in Santiago trading after a deadly algae bloom killed some of their fish.
A recent bloom of a variety of red tide algae known as chattonella killed 2.3 million Atlantic salmon worth about $15 million at four of AquaChile’s 30 production centers, the company said Monday in a filing to Chile’s regulator. That represents about 9 percent of AquaChile’s salmon in its fisheries.
