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Why Gevo Stock Was Soaring Again Today

TheMotleyFool

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The rally by Gevo (NASDAQ: GEVO) stock continued today as the renewable energy specialist said that its co-founder Frances Arnold was named to President-elect Joe Biden's science team, a vote of confidence from the incoming administration for both Arnold and potentially Gevo.

Also, Noble Capital raised its price target on Gevo, adding to the bullish sentiment today. As of 11:12 a.m. EST, the stock had surged 55.5%.

Image source: Getty Images.

Source Fool.com

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