BLNK - Why Alternative Energy Stocks Are All Over the Map Today
It's been an exciting day for investors in the alternative energy industry Friday, and it's been more exciting for some than for others.
In volatile trading, shares of Chinese rechargeable battery maker CBAK Energy Technology (NASDAQ: CBAT) have rocketed as high as an 11% gain, and plunged as low as an 8.5% loss. They're up modestly over Thursday's close as of 1:30 p.m. EST -- but the way things are going, who knows where they'll end up at day's end?
In contrast, electric car-charging network Blink Charging (NASDAQ: BLNK) is hanging onto most of today's gains and is still up a strong 9.8%, and natural gas vehicle-fueler Clean Energy Fuels (NASDAQ: CLNE) is currently winning the day with a 10.7% gain.
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Why Alternative Energy Stocks Are All Over the Map Today