Why Clean Energy Fuels Stock Dropped 15% Friday
"Unclean! Unclean!" That was the refrain heard across Wall Street this morning after Clean Energy Fuels (NASDAQ: CLNE) reported a big $0.62 per-share loss for the fiscal third quarter -- far worse than the $0.13 per-share loss that analysts had anticipated. Clean Energy's $81.8 million in Q3 revenue likewise fell short of Wall Street's predicted $84.2 million.
As of 12:20 p.m. EDT, Clean Energy Fuels stock was trading down 14.6%.
Natural gas sure is pretty. Sadly, Clean Energy stock's earnings results were not. Image source: Getty Images.
Source: Fool.com
Clean Energy Fuels Corp. Stock
€2.80
-0.600%
Currently there is a rather positive sentiment for Clean Energy Fuels Corp. with 5 Buy predictions and 2 Sell predictions.
With a target price of 5 € there is a hugely positive potential of 78.57% for Clean Energy Fuels Corp. compared to the current price of 2.8 €.
