Why Amyris Stock Popped 12.5% on Monday
Shares of "clean health" biotech Amyris (NASDAQ: AMRS) made a clean sweep of the stock market Monday as its shares raced 12.5% higher after announcing a "transformative" deal with bakery ingredients supplier AB Mauri North America to market Amyris's zero-calorie sweetener.
The product, branded as "Purecane," is said to be derived from fermented sugarcane and is described as a "zero calorie, zero glycemic sweetener that can be used as part of a better-for-you diet to reduce the intake of sugar, calories and carbohydrates."
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Source Fool.com
