Solazyme Inc. (Nasdaq: SZYM) narrowed losses for the fourth quarter to 43 cents per share from losses of 57 cents per share a year earlier and signed a five-year supply agreement with Unilever valued at more than $200 million. The stock price soared 40 cents to $2.30.
Solazyme narrows losses
March 15, 2016 at 12:59 PM EDT