Digest Bioeconomy Index drops to 50.25 as advanced bio equities wilt

December 13, 2015 | Jim Lane

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, dropped 1.08 percent to 50.25 as advanced bio equities wilted. For the day, Gevo (GEVO) dumped 9.39 percent to $0.68, while Pacific Ethanol (PEIX) sank 8.19 percent to $4.15. Among other equities, Abengoa (ABGB) plunged 11.49 percent to $1.63. Overall, declines led advances by a 7 to 2 ratio for the day.