Gevo Inc. Surges To Five Month High And Retreats

'' Gevo Inc.

shares are trading higher by $0.17 sy $5.64 in Friday's session. The issue, which began the week at $2.46, traded as high as $7.24 earlier in today's session,The current high is just shy of its November 28 high of $7.56. What is fueling the rally is that the announcement of a strategic alliance with. Alaska Airlines. Investors are speculating that may be similar deals in the near future as they buying shares with reckless abandon. The current high is just shy of its November 28 high of $7.56. However, other investors have decided to cash out as the issue has given back over $1.00 of today;s and is back under $6. On the decline, it found support under Thursday's close ($5.46 reaching $5.21 before rebounding.