Investors Should Look at These 2 Big Thursday Winners

Wall Street has been somewhat nervous this week as worries about the ongoing pandemic don’t seem to be easing. As a result, the stock market has given back some of the ground it had gained en route to its recent record highs. 

The Nasdaq Composite (NASDAQINDEX:^IXIC) held up the best on Thursday, while the S&P 500 (SNPINDEX:^GSPC) and Dow Jones Industrial Average (DJINDICES:^DJI) saw slightly larger drops on a percentage basis.


Percentage Change

Point Change

Dow Jones Industrials



S&P 500



Nasdaq Composite



Data source: Yahoo! Finance.

In that context, the huge winners of the day were especially noteworthy. Gevo (NASDAQ:GEVO) and LoveSac (NASDAQ:LOVE) aren’t exactly household names, but they’re wowing Wall Street in a way that’s making a lot of people take notice.

Gevo makes a deal

Shares of Gevo soared 37% on Thursday. The sustainable energy specialist made an agreement that could dramatically enhance its long-term business prospects.

Gevo and oil giant Chevron (NYSE:CVX) announced that they had signed a letter of intent to invest jointly in building one or more facilities to produce sustainable aviation fuel from corn. According to the companies, the facilities would also be able to produce some desirable byproducts, including corn oil and various proteins likely for use in animal feed.

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