Mercer International is trading at $0.13, down 10.13%, following Bloomberg’s report that it is preparing for a possible Chapter 11 filing, although no final decision has been made.
- The report cites people familiar with the matter and says the company has faced rising fiber and energy costs and persistent cash burn.
- The possible filing is part of the reported financial-stress context; price data shows a further decline after a 31.71% drop on October 22.