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Three stocks soar on promise that Infrastructure bill will pass
Related quotes:CLNE +13.73% ▲ HYLN +8.24% ▲ U.S. House of Representatives Speaker Nancy Pelosi has set Thursday as the date for a House vote on the $1 trillion bipartisan infrastructure bill. She has expressed confidence in it passing, and three alternative energy stocks are soaring today as a result. As of 2 p.m. EDT, XL Fleet (NYSE: XL), Hyliion Holdings (NYSE: HYLN), and Clean Energy Fuels (NASDAQ: CLNE) were moving as follows: XL Fleet was up 10.9%. Hyliion was up 8.7%. Clean Energy Fuels was up 10.2%. XL focuses on the electrification for Class 2-6 commercial fleet vehicles, which range in size from utility vehicles to medium-duty commercial trucks. Hyliion covers the larger size commercial truck fleets by providing electrified powertrains for Class 8 semi trucks. Clean Energy Fuels is working to boost the use of renewable natural gas as a transportation fuel. All three stand to gain from passage of the proposed infrastructure bill. Posted by: Lord Garth 2021-09-28 |
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