Why Hydrogen Fuel Cell Stocks Jumped Today
Shares of hydrogen fuel cell stocks are rising today. As of 11 a.m. EST, shares of Plug Power (NASDAQ: PLUG) were up 13%, while Bloom Energy (NYSE: BE) and FuelCell Energy (NASDAQ: FCEL) both jumped 9%.
Shares in the renewable energy companies are getting a boost with news from Plug Power and Walmart (NYSE: WMT).
Plug Power announced this morning that it is expanding its partnership with Walmart. Plug Power has been providing Walmart with its hydrogen engines and fueling since 2010. Walmart uses about 9,500 Plug Power fuel cell vehicles for material handling at 37 of its North American distribution centers.
Source Fool.com
