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July 25, 2012, 10:32 a.m. EDT

BioFuel soars 35% on biofuels pact

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By Val Brickates Kennedy

BOSTON (MarketWatch) -- BioFuel Energy Corp. /zigman2/quotes/209013335/delayed BIOF +9.62% shares shot up 35% to $3.02 on Tuesday following news that the renewable chemicals and biofuel company has signed a collaboration agreement with Gevo Inc. /zigman2/quotes/208747069/composite GEVO +5.98% to explore the large-scale production of isobutanol. Biofuel shares have been trading at a 52-week low this week, falling approximately 60% over the past year after hitting a peak of $24.80 in November 2011.

/zigman2/quotes/209013335/delayed
US : U.S.: OTC
$ 0.20
+0.02 +9.62%
Volume: 185,067
May 17, 2022 3:56p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$50.81 million
Rev. per Employee
N/A
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/zigman2/quotes/208747069/composite
US : U.S.: Nasdaq
$ 3.90
+0.22 +5.98%
Volume: 6.97M
May 17, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$742.45 million
Rev. per Employee
$8,586
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