ETON - Hot Stocks: Gov't spending hopes boost green energy; VSCO MRNA rally; AXSM ETON plunge

Government spending was a key topic on Wall Street Monday, as investors kept a close eye on the progress of two infrastructure bills making their way through Congress. Alternative energy stocks benefitted from the prospect of more cash flowing out of Washington, with Fuelcell Energy (NASDAQ:FCEL), Hyzon Motors (NASDAQ:HYZN), QuantumScape (NYSE:QS) and Plug Power (NASDAQ:PLUG) all posting notable advances. Victoria's Secret (NYSE:VSCO) was another substantial gainer on the session, continuing the momentum it has seen since becoming a standalone company. Moderna (NASDAQ:MRNA) had a good day as well, reaching yet another new high on growing prospects that a booster COVID vaccine will be necessary for some people. Meanwhile, regulatory concerns weighed on a pair of experimental drug makers on Monday. Axsome Therapeutics (NASDAQ:AXSM) and Eton Pharmaceuticals (NASDAQ:ETON) both ran into delays in their progress toward approval from the Food and Drug Administration. Sector In Focus Two giant infrastructure bills are

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Hot Stocks: Gov't spending hopes boost green energy; VSCO, MRNA rally; AXSM, ETON plunge