Gevo Jumps Most Since June After Biofuel Gets First Retail Sale
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Gevo Inc., the U.S. biofuel producer backed by French oil company Total SA, jumped the most in almost two months after announcing the first U.S. sales of its additive at a retail service station.
Gevo climbed 20 percent to $2.62 at the close in New York, the most since June 2. The Englewood, Colorado-based company has lost 45 percent this year.