Failing to fuel investors’ enthusiasm, Clean Energy Fuels (NASDAQ: CLNE) appears to have been running on empty over the past few days. During the holiday-shortened trading week, shares of Clean Energy Fuels are down 13.9% as of the market close on Thursday.
While there was no company-specific news that emerged this week, it seems the market was correcting for the stock’s previous gains and responding to a competitor’s announcement that could pressure Clean Energy’s growth prospects.