Why Clean Energy Stocks Jumped Today
Clean energy stocks had another good day on Wednesday, continuing a wild week of trading for the industry. On Monday, renewable energy stocks plunged on very little news. On Tuesday, they bounced back and the gains continue today. For the week, some stocks are even in positive territory.
The most notable solar movers today are Enphase Energy (NASDAQ: ENPH), which has risen 5.8%, Sunworks (NASDAQ: SUNW) and its 19.4% rise, and ReneSola (NYSE: SOL), which was up 9.9%. At 11:30 a.m. EDT the stocks were up 5.1%, 18.3%, and 0.3% respectively. On the hydrogen side of the industry, Bloom Energy (NYSE: BE) rose as much as 8.5% and is now up 3.9% while Plug Power (NASDAQ: PLUG) climbed 6.9% at its peak and is now up 2.1%.
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Source Fool.com
