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Renewable Energy Stock Alert: Renewable Energy Group (NasdaqGM: REGI) Soars on EPA Biodiesel News
Category: Investment, Renewable Energy
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News about Renewable Energy Group
New York, NY - September 17, 2012 (Investorideas.com renewable energy newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for Renewable Energy Group, Inc. (NasdaqGM :REGI), trading up at $7.70, up $1.59 or 26.02% as 1:38PM EDT on over 1.1 Million shares. The stock had a high of $8.08, and is on the top five gainers list at NASDAQ.com.
The stock moved following news from the EPA that the 2013 Renewable Fuels Standard (RFS2) renewable volume obligation will grow to 1.28 billion gallons.
"This announcement offers certainty throughout the biodiesel supply chain, will grow green collar jobs and enhances our nation’s energy independence," said Renewable Energy Group’s President & CEO, Daniel J. Oh.
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