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Why Piedmont Lithium, Plug Power, and Enphase Energy Stocks All Popped This Morning


It's a federal holiday Monday, but unfortunately for investors in the renewable energy industry, stock traders don't seem to be taking the day off. Shares of Plug Power (NASDAQ: PLUG), Enphase Energy (NASDAQ: ENPH), and Piedmont Lithium (NASDAQ: PLL) are selling off hard, down 6.1%, 6.4%, and 12.9%, respectively as of 11:45 a.m. EDT.

Why are alternative energy stocks down today, and why are they down across the board, in segments covering everything from hydrogen fuel cells to solar power to rechargeable batteries?

Image source: Getty Images.

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Source Fool.com

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