Why Plug Power, Bloom Energy, and Blink Charging Crashed This Week

Alternative energy stocks have had a rough week, with shares across the board feeling the pressure. Notable losers include electric vehicle (EV) charging stock Blink Charging (NASDAQ: BLNK), and hydrogen and fuel cell players Bloom Energy (NYSE: BE) and Plug Power (NASDAQ: PLUG). Here's how much these stocks had fallen through the week as of 1 p.m. ET Friday, Dec. 17:

Ironically, each of these companies made some notable announcements this week that would have otherwise propelled these stocks higher. Yet, they're also growth stocks, and therefore couldn't escape the market's fury.

Let's quickly recap the most important announcements from these three companies this week.

Continue reading

Source Fool.com