Why Renewable Energy Stocks Popped and Dropped on Friday

Travis Hoium, The Motley Fool
·2-min read
Why Renewable Energy Stocks Popped and Dropped on Friday
Why Renewable Energy Stocks Popped and Dropped on Friday

Shares of renewable energy stocks had a wild trading day on Friday as the market tried to process a number of news items. Bloom Energy (NYSE: BE) jumped 5.8% early in the day before dropping 3.8% at its low, Enphase Energy (NASDAQ: ENPH) was up 5.6% before falling 2.7% midday, and JinkoSolar (NYSE: JKS) was up 6.1% before dropping as much as 12.7%. The volatile trading comes as shares of renewable energy stocks have had an up-and-down week.