Why Clean Energy Stock Exploded Higher Today

The more Clean Energy sells, the more money it loses. And that's a good thing?Shares of natural gas-as-vehicle-fuel provider Clean Energy Fuels (CLNE 11.50%) soared 17% through 9:50 a.m. ET this morning after beating on both the top and bottom lines last night.Heading into the first-quarter 2024 report, analysts forecast Clean Energy would lose $0.04 per share (adjusted for one-time items) on sales of $99.6 million. In fact, Clean Energy's adjusted loss was only $0.01 per share, and sales exceeded expectati ...