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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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.