Why Fuel Cell Stocks Plunged Early Tuesday Before Making a Comeback

Travis Hoium, The Motley Fool
·2 min read
Why Fuel Cell Stocks Plunged Early Tuesday Before Making a Comeback

Shares of fuel cell stocks had a rough start on Tuesday before recovering a big chunk of their losses for the day. Bloom Energy (NYSE: BE) dropped 13.5% early, only to close the day down 1.1%, while Ballard Power Systems (NASDAQ: BLDP) fell 15.7% before closing down 1.8%, and FuelCell Energy (NASDAQ: FCEL) lost 22.3% of its value before closing 3.9% lower. The first impact on energy stocks this morning was a drop in oil prices.