Clean Energy Fuels (CLNE) Stock Continues To Plunge Since February: Should You Buy?

Clean Energy Fuels (CLNE) was $7.56 on July 16, 2021. This company’s stock price has dropped drastically in the last five days, from $ 9.1 to the present level, a drop of -16.92% in percentage terms. Since February 9 of this year, when the price was at $ 18.64, the downward trend has continued. Since then, the drop has been 59.44%.
Clean Energy Doesn’t Have a Lot of Support from Meme Investors. Clean Energy Fuels lacks powerful accelerators. Despite the fact that CLNE stock has been frequently debated on internet forums such as Reddit, it lacks the strength to rise.

According to InvestorPlace member Josh Enomoto, the top stockholder in CLNE stock sold nearly 5 million shares in the five weeks leading up to June 10, which is a very unfavorable indicator for the stock. So, currently, the stock of this company is not-to-buy.

Richard McEntire

Finance and Entertainment Reporter Richard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.

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