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Why Clean Energy Stocks Popped Double Digits Tuesday

TheMotleyFool

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Why Clean Energy Stocks Popped Double Digits TuesdayPhoto, wide shot, wide-angle lens, Coal company, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/0e838f13-fa33-4583-92e9-bf3375dacf70.png

Shares of clean energy stocks made a strong recovery Tuesday as the market and oil prices both moved higher. Ballard Power Systems Inc (NASDAQ: BLDP) jumped 17% by the close, FuelCell Energy Inc (NASDAQ: FCEL) finished higher by 12%, and Clean Energy Fuels Corp (NASDAQ: CLNE) closed up 13% on the day.

The two macro trends early in trading were the market overall rising as investors bought back into a market that's plunged over the last few weeks. The other big factor affecting clean energy was a big jump in oil prices Tuesday.

Image source: Getty Images.

Source Fool.com

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