Biofuel Energy shares soar 28% on Friday to 3.69 following Einhorn investment announcement

September 10, 2012 |

In New York, Biofuel Energy Corp shares rose up to 28% in early trade on Friday, making a small come-back from the 76% decrease it has experienced so far this year as it climbed to 3.69. The upswing came after an announcement from hedge fund manager David Einhorn indicated his intention to raise his stake in the producer by over 10 points.

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Category: Fuels

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