Biofuels Digest Index drops to 92.61 on ethanol fears

May 4, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.59 percent to 92.61 as shareholders punished ADM following their earnings release. For the day, Archer Daniels Midland (ADM) plunged 6.73 percent to $34.51, while Cosan (CZZ) slumped 4.44 percent to $11.83. Among other equities, Gevo (GEVO) dropped 2.74 percent to $19.85. Overall, declines led advances 3 to 1 for the day.

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Category: Digest Index

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