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PEIX - Why Pacific Ethanol Stock Just Keeps Going Up
Pacific Ethanol Inc.
After dipping a bit on Friday, shares of alcohol-producer Pacific Ethanol (NASDAQ: PEIX) are back on a tear this week, rising first 30% in Monday trading and now another 16.5% today. Through 11:45 a.m. EDT, the stock has gained more than 48% in less than 48 hours of trading!
Why are Nasdaq investors all hot and bothered over this coronavirus stock this week?