Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Plunged on Friday

Why Plug Power, Bloom Energy, and FuelCell Energy Stocks Plunged on Friday

Hydrogen fuel-cell stocks sank on Friday as macroeconomic news rattled the stock markets and triggered a massive sell-off in growth stocks in particular. Bloom Energy (NYSE: BE): Down 6.6%. Pressure started to build on hydrogen and fuel cell stocks earlier this week after the emergence of a new and potentially more infectious COVID-19 variant, omicron, shook nations across the globe.