Stock Alert: EMKR, GEVO
by Harris Roen, Editor
Roen Financial Report
Friday, May 8, 2015
Today’s Alert:
EMCORE Corporation (EMKR)
Gevo, Inc (GEVO)
Positive news triggers large gains in these alternative energy companies.
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Semiconductor manufacturer EMCORE Corporation gaps up 6% on news of a $45 million stock buyback. EMKR is up 52% of the year, but this volatile stock is still 52% below its highs reached in July 2011. | CNN Money |
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Biofuel company Gevo, Inc. pens an agreement with Alaska Airlines to utilize an alcohol-based renewable jet fuel. GEVO spikes up 123% on historic volume, and is three times higher than its lows reached in February. This speculative stock, however, is still down 62% for the year. | The Street |
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