The day started hot for renewable energy shares, with multiple stocks climbing over 10%. A big catalyst was President Trump actually signing the recently passed stimulus bill over the weekend , after he had threatened to veto it. But the excitement over the signing soon wore off.
Most notable today were shares of Blink Charging (NASDAQ: BLNK) , which climbed as much as 13.4%; Plug Power (NASDAQ: PLUG) , up as much as 5.4%; ReneSola (NYSE: SOL) , gaining 29.3%; and Eos Energy Enterprises (NASDAQ: EOSE) , up 20.4%.
Blink and Plug Power ended up giving back all of their gains and ended the day down 5.3% and 5.6%, respectively, while ReneSola (28.9%) and Eos (16.9%) closed higher.
For further details see:
Why Renewable Energy Stocks Jumped and Dropped Today