Sellers In Plug Power Hit The Panic Button As Citron's Left Makes Comments On CNBC

Downside in shares of Plug Power

has intensified sharply following the appearance of Citron's Andrew Left on CNBC. The stock has plunged more than 19 percent over the last 45 minutes, bringing Tuesday's total decline to a jaw-dropping 40 percent. In the TV appearance, Left discussed some of the items described in

which hit wires around 11:30AM EDT. In addition to saying "you can not trust management," Left echoed the sentiment set out in the Citron note "

" When CNBC's Brian Sullivan asked Left how he arrived at $0.50 as a fair value for Plug shares, Left suggested he took the average price of Plug's recent offerings. The other stocks in the fuel cell group responded to Left's appearance: FuelCell Energy

shares (which opened Tuesday's session up nearly 19 percent) are now down 17 percent and shares of Ballard Power

are down 25 percent. A reaction also seemed apparent in some of the other alternative energy names. Shares of First Solar

are now down more than 2.5 percent, Trina Solar

shares are down about 5 percent, and shares of Yingli Green Energy

are down about 7 percent.