Clean Energy Fuels Stock Is Down 12%: Here's Why
Shares of Clean Energy Fuels (NASDAQ: CLNE), the largest provider of natural gas for transportation users in North America, are down 12.2% at 12:43 p.m. EDT on Aug. 9. The company reported second-quarter results yesterday after market close.
The company reported $72 million in revenue, up 3% from last year, and a GAAP (generally accepted accounting principles) net loss of $0.03 per share, an improvement from last year's $0.07-per-share loss.
Image source: Clean Energy Fuels.
Source Fool.com
