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CLNE - Why Clean Energy Stock Moved Higher Today and Then Stopped
Clean Energy Fuels Corp.
Shares of Clean Energy Fuels (NASDAQ: CLNE) , the producer and distributor of renewable natural gas (RNG) for use as a vehicle fuel, surged in Wednesday trading, and looked likely to jump again today. In early trading on the Nasdaq, Clean Energy shares jumped as much as 4.5% this morning before giving those gains back.
By 10:45 a.m. EDT today, Clean Energy was actually down a bit -- by 0.8% -- from yesterday's close.