Poor Day for Ethanol

The ethanol sector took a large hit today as majority of the companies fell more than 7%. A correlation to why this might have happened is the recent decrease of oil prices, as they fell more than two dollars a barrel today. Some companies in this sector have been performing uncharacteristically as VRDM.ob, GSHF.ob, XTHN.ob, and OTD are all down for the third straight day. It will be interesting how these companies will do tomorrow, will they rebound or will they continue to slip n slide? opinions?


SymbolLast TradeChangeVolumeMkt Cap
ADM4:03pm40.00-3.32-7.66%16,221,50026.152B
ANDE4:00pm110.80-11.28-9.24%1,821,916842.0M
GPRE3:59pm42.10-4.58-9.81%18,462181.9M
GSHF.OB3:59pm0.301-0.029-8.79%3,351,18634.1M
MGPI4:00pm29.20-2.372-7.51%2,188,920468.0M
OTD3:59pm1.8399-0.0301-1.61%879,80085.4M
PEIX4:00pm34.89-2.64-7.03%8,775,1711.066B
STKL4:00pm10.44+0.30+2.96%1,640,995591.6M
VRDM.OB3:59pm0.197-0.022-10.05%35,008,14847.9M
XTHN.OB3:59pm10.94-0.56-4.87%1,105,207176.9M
Get a snapshot of today's market action in Market Overview


 

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