Why Nikola, Plug Power, and Bloom Energy Stocks Jumped Today
Bloom Energy (NYSE:BE) are down between 39% and 57% in the past three months. Today, however, investor sentiment is turning and giving shares of those companies a bump. As of 3:45 p.m. EDT Wednesday, shares of Nikola, Plug, and Bloom Energy were up 6.3%, 5.8%, and 5.1%, respectively. So what Each of these names has had negative press over the past year. Nikola was called out by a short-seller for exaggerating the ability of its semitruck technology and other items that forced founder and chairman Trevor Milton to resign last year. Plug Power recently said it was going to have to restate thr...