CLNE - Clean Energy slides after filing mixed shelf offering

Clean Energy Fuels (CLNE) -11% pre-market after filing for a mixed shelf securities offering.Separately, Chevron says it is investing an additional $20M in the Adopt-a-Port initiative with Clean Energy Fuels, which provides truck operators serving the ports of Los Angeles and Long Beach with renewable natural gas to reduce emissions.Sales volumes will increase for Clean Energy Fuels, "but how well that gets converted to positive EPS depends on how efficiently Clean Energy runs its operations," Rohit Acharya writes in a bullish analysis posted recently on Seeking Alpha.

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Clean Energy slides after filing mixed shelf offering