India, July 10 -- Shares of XCF Global, Inc. (SAFX) gained over 72% on Thursday morning after the company shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
SAFX is currently trading at $2.5902, up $1.0902 or 72.6800%, on heavy volume of 86.5 million shares, above average volume of 5.4 million, on the Nasdaq. The stock opened its trading at $3.4503 after closing Wednesday at $1.5000. The stock has traded between $1.4200 and $45.9000 in the past 52-week period.
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From inception, approximately $350 million has been investe...