When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
REX - The Ethanol Sector Needs Major E15 Growth To Thrive
REX American Resources Corporation
Conditions in the U.S. ethanol sector have undergone a rapid improvement in recent weeks following the relaxation of COVID-19 lockdown measures across the country. The share prices of ethanol producers The Andersons (ANDE), Green Plains, Inc. (GPRE), Pacific Ethanol (PEIX), and REX American Resources (REX) have largely reversed the losses experienced over the last three months (see figure). While the companies' Q2 earnings are likely to be punishing given that the lockdowns did not take effect until late in Q1, investors are looking ahead to the second