Why Clean Energy Fuels' Shares Plunged 22.7% Today
Shares of Clean Energy Fuels (NASDAQ: CLNE) plunged as much as 22.7% in trading on Tuesday as the market took a turn for the worse. Shares recovered some of those losses late in the day but were still down 10.8% at 2:05 p.m. EST.
There were a few factors working against the company today. One was that oil prices dropped early in trading, which coincided with the low in Clean Energy Fuels' shares as well. However, oil gained back its losses and is now flat for the day.
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Source Fool.com
