Why Gevo Stock Just Popped 10%

1 min read

Shares of renewable fuels company Gevo (NASDAQ: GEVO) crashed Wednesday after the company made an 8-K filing with the Securities and Exchange Commission, announcing plans to issue and sell as much as $150 million worth of new common stock “at-the-market” price. Today, however, Gevo stock suddenly rebounded 10.5% through 10:20 a.m. EST.

And the reason it did that was contained in the same Wednesday announcement. 

Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

2020-2021 Federal Tax Brackets and Tax Rates

Next Story

Adding These 2 Stocks Could Double Your Money in 2021

Latest from Blog