bashes biofuels IPOs in wake of Amyris downshift

February 13, 2012 |

In California, writes: “The worst sector recently foisted on the investing public by the IPO underwriters has nothing to do with the Internet. It’s rather companies in the biofuels and bioproducts arena that have been the real IPO sucker’s bet.” TheStreet was, in particular, pointing attention towards the decision by Amyris to, post-IPO, withdraw its 2012 guidance and announce that it would be raising additional equity capital through a private funding round.

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