Why Did FuelCell Energy, Ballard Power, and Plug Power Shares Just Drop?
When you think about it, fuel cell stocks like FuelCell Energy (NASDAQ: FCEL), Ballard Power (NASDAQ: BLDP), and Plug Power (NASDAQ: PLUG) are kind of the ultimate "prepper" stocks.
Divorced from the grid, fuel cells should permit their operators to generate electric power on their own -- far from possible contagion by the SARS-CoV-2 coronavirus. And yet, this defining attribute of fuel cell companies isn't sparing the stocks of FuelCell, Ballard, and Plug Power today. All three have been caught up in the coronavirus panic, and as of 12:05 p.m. EST on Thursday, they're down 7.9%, 10.1%, and 10.2%, respectively.
A hydrogen fuel cell. Image source: Getty Images.
Source Fool.com
