Why drax Is Trending Today?

Disney's 'Guardians of the Galaxy Vol. 3' to Introduce New Characters; Director James Gunn Confirms Drax's Backstory Will Be Explored.

Drax, a major UK power company, is currently under investigation by the UK's Financial Conduct Authority (FCA) over its biomass supply disclosures and the source of its 'renewable' fuel. The inquiry, which is expected to raise fresh questions about the billions in subsidies received by Drax, has led to a significant drop in the company's shares, with the FTSE 100 index also feeling the impact. The probe follows concerns about Drax's past statements regarding its biomass sourcing, with the company's shares tumbling by as much as 11% on the news.