Powered by

Why Fuel Cell Energy, Plug Power, and Bloom Energy Stocks Dropped Tuesday

Mar 16, 2021 - Nasdaq
Financial Results

What happened

Stocks in the alternative energy sector moved up dramatically in the last year. Shares of FuelCell Energy (NASDAQ: FCEL) and Plug Power (NASDAQ: PLUG) shot up more than 1,200% in the last 12 months, while Bloom Energy (NYSE: BE) stock gained almost 400%.

Now investors are starting to focus more on results as well as potential. Today, after FuelCell Energy reported its first-quarter fiscal 2021 earnings, shares dropped as much as 15%. The stock recouped some of that de...