BioFuel soars 35% on biofuels pact

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

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Blue Biofuels Inc.

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

/zigman2/quotes/208747069/composite

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Gevo Inc.

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