Fluence Energy, Plug Power, Shoals, EVgo, and SolarEdge Stocks Trade Down, What You Need To Know
Several renewable energy stocks fell due to rising Treasury yields and inflation fears. Fluence Energy (FLNC) dropped 6.9%, Plug Power (PLUG) 4.2%, Shoals (SHLS) 8.7%, EVgo (EVGO) 4.9%, and SolarEdge (SEDG) 5.7%. Higher yields increase financing costs for the sector, threatening demand. Shoals is down 18.8% YTD and trades 42.2% below its 52-week high.




