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?

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Source Fool.com