Why Plug Power, Ballard Power Systems, and Bloom Energy Stocks Tanked Tuesday

Why Plug Power, Ballard Power Systems, and Bloom Energy Stocks Tanked Tuesday

Among fuel cell companies, Plug Power (NASDAQ: PLUG), Ballard Power Systems (NASDAQ: BLDP), and Bloom Energy (NYSE: BE) are down 64%, 55%, and 45%, respectively, over the past three months. After Ballard reported quarterly financial results last night, shares of the companies continue to fall today. Bloom Energy dropped 8.6%.