Ethanol Maker Green Plains Shares Plunge After Surprise Loss
- Green Plains says supply-chain problems hurt ethanol volumes
- Stephens Inc. says shares may be choppy during strategic shift
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Green Plains Inc. shares fell the most since April after the U.S. ethanol maker posted an unexpected loss, with supply disruptions denting production.
Supply-chain and permitting delays, as well as grain-bin damage at one location, weighed on results, the company said in its fourth-quarter earnings statement on Friday.