Why Ballard Power and Bloom Energy Stocks Just Dropped, but FuelCell Energy Popped

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It’s a mixed up, crazy mess in the fuel cell industry today. As of 1 p.m. EST, shares of category leader Plug Power (NASDAQ: PLUG) were plunging on news of a big new share issuance, Ballard Power Systems (NASDAQ: BLDP) and Bloom Energy (NYSE: BE) were following Plug down 5.7% and 5.4%, respectively, but FuelCell Energy (NASDAQ: FCEL) was defying the downturn with an 8% gain.

What the heck is going on here today, and what does it mean for investors?  

Image source: Getty Images.

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