Why Hydrogen Stocks Skyrocketed Higher This Week
Bloom Energy(BE) fool.com·2024-05-17 19:45
At least part of the move this week was because of a short squeeze in stocks. On Monday, Reddit personality Roaring Kitty made a return and caused traders to speculate there could be short squeezes in some stocks. That caused dozens of stocks to have major moves higher, and as highly shorted stocks, Plug Power, FuelCell Energy, and Bloom Energy were some of the beneficiaries of that speculation. It didn't hurt that interest rates have also been on the decline, which makes it easier to finance projects over ...