Reported 2 days ago
Aemetis, Inc. (AMTX) experienced a significant stock decline of 22.45% this week amid a broader downturn in the energy sector, driven by fears of an escalating global trade war and a potential economic recession. Despite a strong revenue report for FY 2024, concerns about narrow profit margins and considerable cash burn have put additional pressure on the stock. The recent drop follows a surge in AMTX shares after its Q4 results, highlighting investor profit-taking amidst growing market volatility.
Source: YAHOO