Shares of biorefining company Green Plains Inc. (GPRE) are rising more than 13% Wednesday morning after the company said it is "initiating a comprehensive strategic review process to explore all opportunities to enhance value."
The company today reported a profit for the fourth quarter compared with loss last year.
Net income was $7.23 million, or $0.12 per share for the fourth quarter compared with loss of $38.62 million, or $0.66 per share, for the same period a year ago.
Revenue for the quarter declined to $712.39 million from $914.04 million for the same period in the prior year.
GPRE, currently at $22.77, has traded in the range of $19.44 - $37.49 in the last 1 year.
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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.