Why 3 Hydrogen Fuel-Cell Stocks Crashed Today
Well, that certainly got ugly in a hurry. For most of Wednesday trading, the Nasdaq composite index was in the red a bit -- down 1%, which isn't great, but isn't horrible in the context of some of the larger declines we've seen these past few months. Then, all of a sudden, around 1:30 p.m. EDT today, the index fell off a cliff, eventually closing down 3%.
Hydrogen fuel-cell stocks suffered much of the damage, with shares of Plug Power (NASDAQ: PLUG) closing 6.6% lower, FuelCell Energy (NASDAQ: FCEL) falling 9.7%, and Bloom Energy (NYSE: BE) wilting 9.8%.
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Source Fool.com
