|Bid||24.25 x 1000|
|Ask||25.00 x 1100|
|Day's Range||21.94 - 24.76|
|52 Week Range||3.00 - 28.24|
|Beta (5Y Monthly)||3.76|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of hydrogen fuel cell stocks FuelCell Energy (NASDAQ: FCEL), Plug Power (NASDAQ: PLUG), and Bloom Energy (NYSE: BE) are on the move again in Wednesday morning trading -- and specifically, they're moving down. As of 10:55 a.m. EST, Plug shares are off 2.2%, Bloom Energy is down 4.8%, and FuelCell Energy stock is doing worst of all -- crashing 21.5%. In fact, I think I might go so far as to say that today's sell-off is entirely due to FuelCell and its decision, announced last night after close of trading, to sell at least 34.5 million shares of common stock -- and perhaps as many as 39.7 million shares, at a price 28% below where FuelCell stock closed yesterday.
Shares of hydrogen fuel cell stocks Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and FuelCell Energy (NASDAQ: FCEL) went on a roller-coaster ride Monday. In early trading, all three of these fuel cell companies traded down sharply, with Plug and Bloom stocks both falling about 10%, and FuelCell dropping nearly 9%. In early afternoon trading, Plug and Bloom have both erased nearly all their losses of earlier in the day, and FuelCell stock is actually now "in the green," up 4.5% from Friday's close as of 12:20 p.m. EST.
After soaring in Tuesday trading, shares of hydrogen fuel cell stocks Plug Power (NASDAQ: PLUG) and Bloom Energy (NYSE: BE) are coming back down on Wednesday -- falling 5% and 2.3%, respectively through 10:20 a.m. EST. Similarly, Chinese electric-car maker Kandi Technologies (NASDAQ: KNDI) is suffering an 8.4% sell-off. Casting about for a reason that alternative energy stocks are going down today, our friends at StreetInsider.com this morning essentially shrugged their shoulders and said it could be profit taking.