Codexis (CDXS -20%) shares are crushed after the biofuels maker says in its Q2 report that it...

|By:, SA News Editor

Codexis (CDXS -20%) shares are crushed after the biofuels maker says in its Q2 report that it won’t receive further funding from Royal Dutch Shell (RDS.A, RDS.B) for research into converting biomass to fuel. Shares are cut to Neutral from Outperform at Credit Suisse.