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Gevo Stock Might Have Too Much Energy

Gevo Stock Might Have Too Much Energy InvestorPlace 2/25/2021 Since November, Gevo (NASDAQ: GEVO) stock has been a rocket. The shares have gone from $1 to a high of $15.50. Of course, this has not been a one-off. Many other renewable energy companies have also pulled off huge rallies like FuelCell Energy (NASDAQ: © Provided by InvestorPlace Corn field and sky with beautiful clouds Over the years, there have been periodic major bull moves in the sector. For now, one of the main catalysts has been huge success of Tesla (NASDAQ: TSLA), which has revolutionized the automotive industry. The result is that the company is one of the most valuable in the world. Consider that the market capitalization is a staggering $685 billion, making CEO and cofounder Elon Musk one of the richest people in the world.

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