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Why W.P Carey and Clearway Energy Stocks Are Soaring Today

TheMotleyFool

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Why W.P Carey and Clearway Energy Stocks Are Soaring Today: https://g.foolcdn.com/editorial/images/756351/stock-market-up-source-getty.jpg

W.P. Carey (NYSE: WPC) and Clearway Energy (NYSE: CWEN) operate in different industries, but they do have one thing in common right now: They're both going to be added to S&P indexes this week.

The spotlight that change offers is drawing attention to the stocks, sending Clearway up by 12% and shares of W.P. Carey up by 5.4% as of 1:30 p.m. Tuesday.

It has been a difficult year for shareholders of both W.P. Carey and Clearway, as macroeconomic conditions have taken a toll on their businesses. Both were down more than 25% year to date coming into Tuesday's trading session.

Source Fool.com

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