Why Pacific Ethanol Stock Popped 12.5% Today

Shares of corn-based alcohol producer Pacific Ethanol (NASDAQ: PEIX) closed 10% higher at the end of Monday trading. There wasn't any specific news driving the stock higher...except for the news that you cannot possibly have missed.

Just before 1 a.m. Friday, President Donald Trump tweeted out the news that he and First Lady Melania Trump -- and several others within the Trump administration -- have all been infected with the novel coronavirus and come down with COVID-19 cases of unknown severity.

Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!

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Source Fool.com