VSLR - Why FuelCell Energy Enphase and Vivint Solar Stocks All Dropped 10% (or More) Today
It's Friday afternoon, and with just 15 minutes to go in the trading day, it looks like we're going to be ending the week on a down note. The S&P 500 Index of companies is down 2.8%.
Alternative energy companies are leading the downward plunge today, with shares of hydrogen fuel cell star FuelCell Energy (NASDAQ: FCEL) down 5% at the 3:45 p.m. EDT minute mark (and down 13% earlier in the day). Shares of solar inverter-maker Enphase Energy (NASDAQ: ENPH) are off, as well -- down 7.8%. So, too, is solar installer Vivint Solar (NYSE: VSLR), with its shares falling 8%. (And those two were down more than 10% earlier in the day). The question is... why?
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