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Why Plug Power and Bloom Energy Stocks Jumped Today

Mar 01, 2021 - Nasdaq

What happened

Shares of clean-fuel technology companies Plug Power (NASDAQ: PLUG) and Bloom Energy (NYSE: BE) jumped on Monday as the focus of investors shifts from pandemic-related relief to a potential infrastructure-spending stimulus package.

Shares of Plug Power and Bloom Energy were up 6.9% and 6.1%, respectively, at 2:50 p.m. EST today.

So what

If the Biden administration proposes an infrastructure bill, comments about a pivot toward clean energy that were made ...