Why Plug Power and Westport Fuel Systems Gained but Bloom Energy Dropped Today

Howard Smith, The Motley Fool
·3 min read
Why Plug Power and Westport Fuel Systems Gained but Bloom Energy Dropped Today

As of 11:45 a.m. EST, shares of Plug Power (NASDAQ: PLUG) and Westport Fuel Systems (NASDAQ: WPRT) had gained 3% and 12%, respectively. Plug Power and Bloom Energy shares have been on a tear lately, after company-specific news and the beginning of what many believe will be a more supportive federal government for clean energy growth. Westport Fuel Systems is generally known as a natural gas fuel technology company, but today it announced an agreement with Swedish truck and bus maker Scania for a hydrogen engine research project.