Why Shares of Hyzon Motors Are Falling Today
After soaring more than 14% last week, shares of Hyzon Motors (NASDAQ: HYZN), a manufacturer of trucks powered by fuel cells, are heading in the opposite direction today. As of 2:45 p.m. EDT on Tuesday, Hyzon's stock is down 9.7%.
There seem to be two causes for the stock's decline today. Besides investors looking to grab profits after the stock flew higher last week, an announcement from a fuel cell competitor, Ballard Power Systems (NASDAQ: BLDP), might be leading to the stock's sell-off.
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Source Fool.com
