Why Hydrogen Stocks Crashed Today
Hydrogen and fuel cell stocks crashed on Tuesday due to looming global concerns and their potential impact on the growth of companies just starting out. Here's how some of the hydrogen stocks were faring as of 12:10 p.m. ET today:
Two major developments triggered a sell-off in stocks on Tuesday.
First is the new COVID-19 variant, omicron, that's touted to be a lot more infectious and dangerous than previous coronavirus variants. Healthcare giants are even warning about a drop in the effectiveness of the COVID vaccines against the omicron variant. Several nations are already imposing flight bans and restrictions to prevent the spread, triggering renewed fears of global lockdowns.
Source Fool.com
