Did The Underlying Business Drive Renewable Energy Group s (NASDAQ:REGI) Lovely 599% Share Price Gain?
By While
Renewable Energy Group, Inc. (NASDAQ:REGI) shareholders are probably generally happy, the stock hasn t had particularly good run recently, with the share price falling 23% in the last quarter. But that does not change the realty that the stock s performance has been terrific, over five years. In that time, the share price has soared some 599% higher! So it might be that some shareholders are taking profits after good performance. Only time will tell if there is still too much optimism currently reflected in the share price.