Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Plunged Today -- Then Mostly Recovered
Shares of hydrogen fuel cell stocks Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and FuelCell Energy (NASDAQ: FCEL) went on a roller-coaster ride Monday. In early trading, all three of these fuel cell companies traded down sharply, with Plug and Bloom stocks both falling about 10%, and FuelCell dropping nearly 9%.
Things are turning around, however. In early afternoon trading, Plug and Bloom have both erased nearly all their losses of earlier in the day, and FuelCell stock is actually now "in the green," up 4.5% from Friday's close as of 12:20 p.m. EST.
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Source Fool.com
