Why FuelCell Energy, Ballard Power, and Workhorse Stocks Just Popped
Thursday is turning out to be a grand day for investors in renewable energy stocks, with shares of fuel cell stars FuelCell Energy (NASDAQ: FCEL) and Ballard Power (NASDAQ: BLDP) up 10.7% and 10.1%, respectively, in 1:35 p.m. EDT trading. Likewise, would-be electric truck maker Workhorse Group (NASDAQ: WKHS) is up 9.2%.
There's no particular news on any of these three stocks specifically, mind you (although rival fuel cell operator Bloom Energy just announced that it has deployed 10 megawatts-worth of fuel cells to the town of Colchester, Connecticut). But that doesn't really matter, because... infrastructure!
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Source Fool.com