Avery Schumer
All posts from Avery Schumer
Avery Schumer in Sector Report,

Why Aug. 22 Is A Date To Watch For Darling Ingredients

Following Darling Ingredients Inc DAR's second-quarter results, Kansas City Capital, a division of Oppenheimer, said Aug. 22 could be an important date to watch for the company.

Darling Ingredients is engaged in the business of producing natural ingredients from edible and inedible bio-nutrients worldwide.

Analyst Tyson Bauer clarified that an antidumping decision is expected on Aug. 22, with the decision likely to impede Argentine biodiesel imports into the U.S. The analyst believes this to be a materially beneficial decision for U.S. producers and feedstock providers, with Darling Ingredients being both. Source

Looks like the upside trend is strong enough to last a little bit more.