Solazyme Rises on Commercial-Scale Output: San Francisco Mover
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Solazyme Inc., which makes oils from sugar-consuming algae, rose to its highest in more than a month after it reached commercial-scale production at an Archer-Daniels-Midland Co. plant in Iowa.
The company climbed 5.5 percent to $8.60 at the close in New York, the highest since Oct. 25. The shares have declined 27 percent this year.