|Bid||26.00 x 1000|
|Ask||26.25 x 1000|
|Day's Range||22.73 - 26.86|
|52 Week Range||3.00 - 44.95|
|Beta (5Y Monthly)||3.66|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||32.06|
Stock investors have been rotating out of high-flying technology stocks recently, anticipating a recovery in other businesses that were hardest hit by pandemic restrictions. Alternative energy names continue to be sold today, including Plug Power (NASDAQ: PLUG), Enphase Energy (NASDAQ: ENPH), and Bloom Energy (NYSE: BE). As of noon EST Friday, shares of Plug Power were down 12.1%, and Enphase and Bloom Energy were down 11.1% and 10%, respectively.
Shares of all the major fuel cell stocks plummeted in early-morning trading Thursday, with Plug Power (NASDAQ: PLUG) and FuelCell Energy (NASDAQ: FCEL), for example, both falling roughly 13% before recovering and Bloom Energy (NYSE: BE) dropping 5.4%. Yes, Plug stock is still down 4.7%, and FuelCell is off by 5.5% -- but Bloom Energy, at least, is back in the green -- and up 1.5%. It's no great mystery why fuel cells stocks stumbled this morning -- or why Bloom is recovering faster than most, either.
Saudi Aramco's CEO sees major potential for hydrogen energy in transportation and power generation in the future.