Here's Why Plug Power, FuelCell And Sunrun Shares Are Rising

Shares of several companies in the broader industrials sector, including Plug Power Inc PLUGFuelCell Energy Inc FCEL and Sunrun Inc RUN, are all trading higher amid overall market strength as investors await this week's Fed minutes and monitor the Russia-Ukraine conflict.

Shares of several clean energy companies also saw marked strength in March, possibly due to the Russia-Ukraine conflict which has caused an increase in oil prices and pressure on some countries to become less dependent on Russian gas. Clean energy manufacturing and alternative energy names continue to see volatility amid surging oil prices, which has raised demand outlook for alternative energy.

See Also: Why Twitter Shares Are Soaring Today

  • Plug Power is trading higher by 11.95% at $31.73. Plug Power has a 52-week high of $46.50 and a 52-week low of $17.51
  • FuelCell is trading higher by 10.02% at $6.32. FuelCell has a 52-week high of $15.55 and a 52-week low of $3.40
  • Sunrun is trading higher by 9.98% at $33.88. Sunrun has a 52-week high of $64.62 and a 52-week low of $18.61
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