Trump tweets big news for ethanol; Pacific Ethanol shares rise

A vague but upbeat tweet by President Trump about the ethanol industry appears have lifted the shares of Sacramento-based Pacific Ethanol Inc.

Pacific Ethanol (Nasdaq: PEIX) shares rose 10.4 cents, or 19.6%, to close at 63 cents on Thursday.

Before markets opened, Trump tweeted: “The Farmers are going to be so happy when they see what we are doing for Ethanol, not even including the E-15, year around, which is already done. It will be a giant package, get ready! At the same time I was able to…


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