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Why Plug Power, Bloom Energy, and Clean Energy Fuels Stocks Rocketed Today

·3 min read
Why Plug Power, Bloom Energy, and Clean Energy Fuels Stocks Rocketed Today
In this article:
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  • CLNE
  • PLUG
  • BE
  • ALK

Hydrogen stocks made big moves Thursday as investors bid the clean energy stocks higher after big news from the industry hit the headlines even as President Joe Biden presented a watered-down infrastructure bill at Capitol Hill. As of 2:20 p.m. EDT, shares of Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), Clean Energy Fuels (NASDAQ: CLNE) were trading up 11.6%, 8.3%, and 8.5%, respectively. Aviation firm ZeroAvia just announced that it's developing a 19-seater aircraft that'll fly "entirely on hydrogen," with the first such commercial passenger flight expected to fly between the U.K. and Netherlands by 2024.