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Pacific Ethanol (PEIX) Skyrocketed 50%

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Pacific Ethanol PEIX Skyrocketed 50%

Pacific Ethanol (NASDAQ: PEIX) spiked 50% today after opening several production facilities that were closed previously because of the bad market conditions.

The stock had a pretty good volume, as 6.47M shares were traded already. Pacific Ethanol usually has a volume of 1.56M.

Pacific Ethanol (PEIX) announced that Burley and Idaho resumed production, which resulted in a buyout in this company.

 

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Posted-In: Pacific Ethanol IncIntraday Update Movers