Why Plug Power and Westport Fuel Systems Gained but Bloom Energy Dropped Today
Shares in many clean energy stocks have been soaring recently, with particular interest in hydrogen fueling technologies. Some names in the sector are moving in different directions on Thursday.
As of 11:45 a.m. EST, shares of Plug Power (NASDAQ: PLUG) and Westport Fuel Systems (NASDAQ: WPRT) had gained 3% and 12%, respectively. But shares of Bloom Energy (NYSE: BE) were down 2% after having dropped 6%.
Plug Power and Bloom Energy shares have been on a tear lately, after company-specific news and the beginning of what many believe will be a more supportive federal government for clean energy growth. But negative sentiment from at least one analyst has clipped share gains today.
Source Fool.com
