Why FutureFuel Stock Ran Out of Gas Today
FutureFuel (NYSE: FF), a producer of chemicals and biodiesel, is finding its own shares starved for gas Thursday morning after reporting a big drop in revenue and a widened net loss in its second-quarter earnings report last night.
As of 1:05 p.m. ET, FutureFuel stock is down 22.4%.
Sales in the fiscal second quarter dropped 28% year over year to $85.3 million, and the company's net loss more than tripled to $0.23 per diluted share.
Source Fool.com
