Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Crashed Today
On yet another miserable day for stock markets, shares of fuel cell stocks are getting hurt harder than most on Monday. In particular, shares of Bloom Energy (NYSE: BE) are down 10.2% and FuelCell Energy (NASDAQ: FCEL) is seeing a 10.8% decline as of 11:45 a.m. ET. Plug Power (NASDAQ: PLUG), probably the best-known stock in the industry, is leading the others lower at the same time -- down 12.6%.
You can partly blame the widespread sell-off of tech stocks for this -- but you can also blame Truist.
Image source: Getty Images.
Source Fool.com