Why Aemetis Stock Is Plunging Today

Why Aemetis Stock Is Plunging Today

Shares of Aemetis (NASDAQ: AMTX) tumbled more than 21% by 2:30 p.m. EDT on Wednesday. Aemetis generated $42.8 million of revenue during the first quarter, solely from ethanol sales. While that was up 8.4% year over year, it missed the consensus estimate by $6.3 million.