Why Alternative-Fuel Stocks Popped on Friday
It was a bounce-back day for alternative-fuel stocks on Friday, whether companies are serving the transportation or electricity markets. Ballard Power (NASDAQ: BLDP) was up as much as 13.5%, Plug Power (NASDAQ: PLUG) jumped 12.8% early, Bloom Energy (NYSE: BE) was up 10.5%, and FuelCell Energy (NASDAQ: FCEL) rose 26.7%. The stocks fell off later in the day, but were up 11.3%, 6.5%, 1.2%, and 7%, respectively, at the close.
The last two days have been nothing short of crazy for each of these stocks, with shares popping, dropping, and now popping again. So why is the market so up and down on a seemingly long-term business?
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Source Fool.com
