Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of Energy.
Gevo, Inc. (GEVO) came out with a quarterly loss of $0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.06 per share a year ago.
Ultra-cheap, low-market capitalization securities – even if they are billed as stocks set to skyrocket – are incredibly risky. Let's just get that point out there right now.