Biofuels Digest Index falls to 78.41 as advanced biofuels tank

July 31, 2014 |

The Biofuels Digest Index, an index of publicly traded biofuels stocks, was slammed, falling 3.13 percent to 78.41 as advanced biofuels tanked on a day when US equities were sharply down after disappointing corporate earnings. For the day, Gevo (GEVO) collapsed 29.40 percent to $0.51 after a dilutive cap raise, while Solazyme (SZYM) fell 6.56 percent to $9.68 after its Q2 announce showed wider-than-expected losses. Among other equities, OriginOil (OOIL) fell 7.38 percent to $0.16.  Overall, declines led advances 13 to 3 for the day.

Print Friendly, PDF & Email


Category: Digest Index

Thank you for visting the Digest.