Yield10 Bioscience higher on Mitsubishi Corporation MOU

(24/7 MARKET NEWS) – Yield10 Bioscience, Inc. (Nasdaq: YTEN) announced, after yesterday’s market close, that it signed a Memorandum of Understanding (“MOU”) with Mitsubishi Corporation to evaluate the establishment of a partnership to supply, offtake and market Camelina as a low-carbon feedstock oil for biofuels.

Yield10 Bioscience is trading at $2.98, up $0.8709 (+41.90%), on 290 thousand shares.

Its 52-week range is $ 1.63 to $7.21. Its next inflection points are $3.00, $3.40 and $3.60. If it can break through the $3.6.0 resistance level, on strong volume, it could try to challenge its April trading levels.

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