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Why Plug Power, Bloom Energy, and Enphase Energy Stocks Bounced Back Today


Relentless selling of unprofitable tech stocks on the Nasdaq finally gave way to a bout of bottom fishing Friday, relieving the pressure on hard-hit renewable energy stocks such as Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and Enphase Energy (NASDAQ: ENPH).

As of 1 p.m. EDT, Enphase shares are up a respectable 2%, Plug stock is even better with a 2.8% gain, and Bloom is bouncing back 5%.

Image source: Getty Images.

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Source Fool.com

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