Why Plug Power, Bloom Energy, and Enphase Energy Stocks Bounced Back Today

Why Plug Power, Bloom Energy, and Enphase Energy Stocks Bounced Back Today
·3 min read

Relentless selling of unprofitable tech stocks on the Nasdaq finally gave way to a bout of bottom fishing Friday, relieving the pressure on hard-hit renewable energy stocks such as Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and Enphase Energy (NASDAQ: ENPH). As of 1 p.m. EDT, Enphase shares are up a respectable 2%, Plug stock is even better with a 2.8% gain, and Bloom is bouncing back 5%.

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