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Why Plug, Bloom, Fuel Cell Energy, and Ballard Stocks Popped


Four days after Plug Power (NASDAQ: PLUG) got destroyed after raising concerns about its own ability to continue as a "going concern" last week, shares of Plug -- and also its hydrogen fuel cell rivals Bloom Energy (NYSE: BE), Fuel Cell Energy (NASDAQ: FCEL), and Ballard Power (NASDAQ: BLDP) are taking off like rockets in Tuesday morning trading.

As of 11:20 a.m. ET, Bloom Energy stock is racing ahead 15.8%, followed by Fuel Cell with a 12.9% gain, and Ballard Power up 10.4%. But none of these fuel cell stocks are doing better than Plug Power itself, up an astounding 18.9%.

This seems only fair.

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Source Fool.com

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