Why Plug Power, Bloom Energy, and Lithium Americas Stocks Are Rising Tuesday
Tuesday is looking like another good day for alternative energy stocks, with shares of fuel cell stars Plug Power (NASDAQ: PLUG) and Bloom Energy (NYSE: BE) rising 3% and 3.6%, respectively, in early trading as of 10:25 a.m. EDT. Elsewhere in the sector, Lithium Americas (NYSE: LAC), a company that is developing two projects for the production of the lithium metal that is integral to the functioning of rechargeable batteries for electric cars, is seeing its stock continue to rise -- up another 6.6% on top of yesterday's 16% gain.
The question is, why?
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Source Fool.com
