Why Aemetis Stock Skyrocketed Today

Why Aemetis Stock Skyrocketed Today
Joe Tenebruso, The Motley Fool
·1 min read

Shares of Aemetis (NASDAQ: AMTX) soared 52% on Monday after the advanced fuels and biochemicals company issued a new five-year expansion plan. Aemetis believes it can produce more than $1 billion in revenue and $325 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 2025. To do so, it will need to increase its revenue and EBITDA at compound annual growth rates of 35% and 109%, respectively.