Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

U.S. Clean Energy Stocks Pop, But Will It Last?

TheMotleyFool 
0 0 24.05.24
U.S. Clean Energy Stocks Pop, But Will It Last?: https://g.foolcdn.com/editorial/images/778547/hydrogen-assets.jpg
 

It was a great week for U.S. clean energy stocks after the Biden administration announced new protections against foreign competition across energy products.

According to data provided by S&P Global Market Intelligence, Bloom Energy (NYSE: BE) was up as much as 27.7% this week, and American Superconductor (NASDAQ: AMSC) jumped 12.9%. The two stocks are up 27.5% and 12%, respectively, at 3 p.m. ET on Friday. Protections won't be great for every company though, and that's why Li Auto (NASDAQ: LI) was down 19% this week.

We learned this month the Biden administration will put tariffs in place for all kinds of clean energy products from China. Solar cell tariffs will increase from 25% to 50%, and electric vehicle (EV) tariffs will go to 100%.

Continue reading


Source Fool.com

Solar A/S B Stock

€45.50
-1.080%
A loss of -1.080% shows a downward development for Solar A/S B.

Show more
Like: 0
BE
Share

Comments

Not a member yet? Sign up for free!