Why Nikola, Plug Power, and Bloom Energy Stocks Rose Today

Howard Smith, The Motley Fool

April 14, 2021 at 1:39 p.m.·2 min read

Why Nikola, Plug Power, and Bloom Energy Stocks Rose Today

Alternative energy company stocks with an increasing focus on hydrogen got a boost Wednesday after Nikola (NASDAQ: NKLA) announced a new letter of intent to accelerate the development of hydrogen fueling infrastructure in Germany. Shares of Nikola, Plug Power (NASDAQ: PLUG), and Bloom Energy (NYSE: BE) rose about 5% early in today's session. At that time shares of Nikola and Plug Power were down almost 1%, while Bloom Energy shares had gained 2%.

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