Why Pacific Ethanol Stock Just Soared 14.5%
What's in a name?
The Company is engaged in the production, marketing and sale of ethanol and other renewable fuels in the Western United States.
What's in a name?
But it won't be an energy stock for long.
Debt is down, and so Pacific Ethanol's stock is up.
The longer the coronavirus sticks around, the greater the demand for the company's product.
The rapidly worsening coronavirus trends in the U.S. offer a plausible explanation for the share price surge.
The company promises an earnings miss -- and big stock dilution.
Earnings season is upon us, and investors are nervous.
Investors don't think demand will dwindle for this company's high-quality alcohol anytime soon.
Coronavirus fears could drive demand for more disinfectant.
Investors respond to a new and improved price target.