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Stock impact report

Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
Those include subsidies toward solar and wind projects, plus electric-vehicle incentives. It was a tough week for clean-energy stocks after Donald Trump clinched the presidency, but for the short-sellers betting against them, the gains have been impressive. Traders betting against renewables have gains on paper of about $1.3 billion since Trump's win sent stocks in the sector tumbling, Bloomberg said. Among the most shorted renewable names are Plug Power, SolarEdge Technologies, and Enphase Energy, which have each seen declines of over 24% since the market close on Tuesday. First Solar and Bloom Energy have also been popular targets for short-sellers and have lost about 11% and 3%, respectively, since Tuesday. The renewables sell-off comes after Trump won the US presidential election earlier this week. Trump, who frequently used the slogan "drill, baby, drill" while on the campaign trail, is expected to roll back many of the Biden administration's clean-energy initiatives. Show less Read more
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