Why Gevo Stock Skyrocketed 139% in January

Shares of Gevo (NASDAQ: GEVO) continued to soar last month as the renewable fuel company gained on optimism about the Biden administration's green energy policies and as it took steps forward in its new Net-Zero 1 project in South Dakota. 

According to data from S&P Global Market Intelligence, the stock jumped 139% last month, popping on several different occasions. The chart below shows the stock's trajectory for the month.

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Source Fool.com