Why Renewable Energy Stocks Are Up Big on Thursday

Why Renewable Energy Stocks Are Up Big on Thursday

Shares of renewable energy stocks are up big on Thursday on relatively little news in the market. Renewable energy companies have had a good few months, climbing as demand for their products has grown despite COVID-19, and today's move seems to be a continuation of that trend. Shares of Bloom Energy (NYSE: BE) rose as much as 12.8%, and Plug Power's (NASDAQ: PLUG) shares climbed up to 12.1% around midday.