Why Plug Power, SunPower, and Brookfield Renewable Stocks All Dropped Today
Plug Power(PLUG) The Motley Fool·2024-02-05 18:17Monday is shaping up to be a be a bad day to own renewable energy stocks. Shares of hydroelectric, wind, and solar power plant operator Brookfield Renewable Energy (BEPC -3.64%) fell 4.1% through 11:20 a.m. ET, while smaller hydrogen company Plug Power (PLUG -6.54%) and solar power provider SunPower (SPWR -11.15%) sank 6.3% and 8.7%, respectively.To find out why, let's open up the pages of USA Today's Sunday edition, which reported that "U.S. counties are blocking the future of renewable energy." The vast p ...