ICLN - Hot Stocks: Green energy provides bright spot; ALC rises on earnings; BASE sets high; SAM extends slide
A few signs of strength emerged on Wednesday despite a weak session for the overall markets. For instance, select green-energy stocks managed to post notable gains, bouncing back from recent weakness. Ballard Power Systems (NASDAQ:BLDP) and Ceres Power Holdings (OTCPK:CPWHF) were among the leaders in the group. There were other standout gainers as well. Alcon (NYSE:ALC) posted a double-digit percentage gain on strong earnings, recording one of the best performances on the session. Meanwhile, recent IPO Couchbase (NASDAQ:BASE) continued its upward momentum. The stock set a new record high and has now climbed more than 50% from its IPO price. Looking to the day's notable losers, Boston Beer Co. (NYSE:SAM) extended a slide that began with a disappointing earnings report back in July. A further decline on Wednesday took the stock to another 52-week low. Meanwhile. a weak revenue forecast inspired selling in shares of Tuya (NYSE:TUYA), which recorded one of
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Hot Stocks: Green energy provides bright spot; ALC rises on earnings; BASE sets high; SAM extends slide