Why SunPower Stock Popped Today -- But Bloom Energy and Plug Power Dropped
Alternative energy stocks are on the move for the second day in a row this week, but today, the water's getting a bit choppier. Shares of solar giant SunPower Corporation (NASDAQ: SPWR) drove 12% higher in early trading before retreating to about a 2.3% gain as of 11 a.m. EDT. Fuel cell stock Bloom Energy (NYSE: BE) gained 9% at first, then gave it all back, and has even gone negative to the tune of 4.2%.
And Plug Power (NASDAQ: PLUG), the company that's trying to capture the entire hydrogen supply chain, from production to transformation into usable electricity through fuel cells? Plug dropped early, and just keeps on dropping -- down 10% at last count.
Image source: Getty Images.
Source Fool.com
