Biofuels Digest Index falls to 78.41 as advanced biofuels tank

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.