Biofuels Digest Index drops to 62.86 as Gevo sinks

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 0.79 percent to 62.86 as Gevo dragged.  For the day, Gevo (GEVO) plunged 22.46 percent to $6.80 on plans to raise $100 million, while Renewable Energy Group (REGI) dropped 5.10 percent to $6.33.  Among other equities, Monsanto (MON) jumped 3.88 percent to $80.89.  Overall, declines and advances were even for the day.