Meyer Burger shares drop 80% after months-long suspension

Meyer Burger Technology AG

13/10/2025 09:41

** Meyer Burger's MBTN.S shares slump around 80% on Monday to their lowest price on record, resuming their trading after more than three-month suspension

** The Swiss bourse said on Monday the shares will be
delisted
 on January 14, 2026

** In May the company had filed for insolvency for its German subsidiaries shortly after it had shut down its U.S. factory in Arizona due to financial difficulties

** The company's European and U.S. operations struggled to compete with cheaper products imported from Asia

** The stock hit its lowest intraday price of 0.06 Swiss francs; if losses hold, it will see its biggest single-day drop ever

(Reporting by Marleen Kaesebier)

((marleen.kaesebier@thomsonreuters.com))