Why Renewable Energy Stocks Bounced Back Yesterday
Shares of renewable energy stocks had a great Thursday after plummeting double digits on Wednesday. Once again, the election is driving the market's reaction but the sentiment has reversed course today.
The biggest movers were solar stocks JinkoSolar (NYSE: JKS), which jumped as much as 24.6%, and Enphase Energy (NASDAQ: ENPH), which popped as much as 14.5%. Shares of the two stocks were up 24.3% and 14.5%, respectively, at 11:30 a.m. EST. Fuel cell companies Bloom Energy (NYSE: BE) and Plug Power (NASDAQ: PLUG) were up as much as 13% and 11.4%, respectively, and are now up 12.8% and 7.9%.
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Source Fool.com
