Gevo Inc. (GEVO) announced Wednesday morning that the U.S. District Court of Delaware denied the Motion for Preliminary Injunction sought by Butamax Advanced Biofuels LLC against Gevo.
Gevo gapped open higher Wednesday, but traded in a range for the majority of the session. The stock closed up by 1.83 at $7.75 on the highest volume of the year. Gevo jumped to a month and a half high and re-crossed both its 50 and 200-day moving averages.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.