Why Plug Power, Ballard Power, and Bloom Energy Stocks Crashed Today
Yesterday was a great day to own unprofitable story stocks in the fuel cell sector. Shares of Ballard Power Systems (NASDAQ: BLDP), rival Plug Power (NASDAQ: PLUG), and the newest entrant to the sector, Bloom Energy (NYSE: BE), all notched gains of 10% or more.
Today, that's all changed. Bloom Energy shares are down 9.8% around 12 p.m. EDT. Plug stock is off 12.4%, and Ballard shares are plunging 13%.
Here's why.
Source Fool.com
