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Gevo shares soar after airline agrees to purchase biofuel

2015-05-08 01:43:27| Airlines - Topix.net

Gevo Inc., a U.S. biofuel producer backed by the French oil company Total SA, more than doubled after Alaska Air Group Inc. agreed to buy its renewable jet fuel. Gevo rose 107 percent to $5.08 in afternoon trading after earlier gaining as much as 150 percent, the most intraday since the company's 2011 public offering.

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