{"id":129235,"date":"2021-06-17T23:55:26","date_gmt":"2021-06-17T23:55:26","guid":{"rendered":"https:\/\/precoinnews.com\/?p=129235"},"modified":"2021-06-17T23:55:26","modified_gmt":"2021-06-17T23:55:26","slug":"clean-energy-fuels-ceo-says-enthusiastic-reddit-traders-understand-the-companys-potential","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/clean-energy-fuels-ceo-says-enthusiastic-reddit-traders-understand-the-companys-potential\/","title":{"rendered":"Clean Energy Fuels CEO says enthusiastic Reddit traders understand the company&#x27;s potential"},"content":{"rendered":"<ul>\n<li>In a CNBC interview, Clean Energy Fuels CEO Andrew Littlefair addressed recent Reddit traders&#x27; recent enthusiasm in his company&#x27;s stock. <\/li>\n<li>&quot;I&#x27;ve read a lot of these posts, it seems like they get it,&quot; Littlefair told &quot;Mad Money&quot; host Jim Cramer.<\/li>\n<li>Shares of Clean Energy Fuels, which provides renewable natural gas, are up about 41% so far in 2021.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>CLNE<\/span><\/li>\n<\/ul>\n<p>Clean Energy Fuels CEO Andrew Littlefair on Thursday addressed the recent enthusiasm for his company&#x27;s stock forged on online forums like Reddit.<\/p>\n<p>&quot;I&#x27;ve read a lot of these posts, it seems like they get it,&quot; Littlefair told CNBC&#x27;s Jim Cramer in an interview on &quot;Mad Money.&quot;<\/p>\n<p>&quot;One of the things that comes through again and again is, they said, &#x27;Hey these guys at Clean Energy take something nobody wants, clean it up, put it in a vehicle, make money and save the planet. I kind of like that.&#x27; So, I think they get it,&quot; Littlefair said.<\/p>\n<p>Last week, Clean Energy Fuels entered the crosshairs of Reddit traders, who first captured Wall Street&#x27;s attention in late January when they piled into shares of GameStop and a few other companies.<\/p>\n<p>Clean Energy Fuels jumped more than 30% on June 9 to close at $13.02, as mentions of the California-based firm spiked online.<\/p>\n<p>Enthusiasm has seemed to wane a bit in recent days, although the stock rose almost 4% Thursday to finish at $11.12. Clean Energy Fuels is up about 41% year to date.<\/p>\n<p>The company is a provider of renewable natural gas, which is a &quot;pipeline-quality gas that is fully interchangeable with conventional natural gas,&quot; according to the U.S. Department of Energy.<\/p>\n<p>Clean Energy Fuels takes the methane from manure and processes it in such a way that it can be used as fuel for vehicles, Cramer explained. In April, the company reached an agreement with Amazon to provide the e-commerce giant with access to its RNG stations.<\/p>\n<p>&quot;For us, it&#x27;s building them, now 19, new stations and making available 27 other stations, so they&#x27;ll be using 46 of our stations. We&#x27;ll be selling them all RNG, and so we&#x27;re very excited about that,&quot; Littlefair said about the Amazon tie-up.<\/p>\n<p>Questions for Cramer?<br \/> Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#x27;s world? Hit him up!<br \/> Mad Money Twitter &#8211; Jim Cramer Twitter &#8211; Facebook &#8211; Instagram<\/p>\n<p>Questions, comments, suggestions for the &quot;Mad Money&quot; website? madcap@cnbc.com<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/06\/17\/clean-energy-fuels-ceo-says-reddit-traders-understand-companys-potential.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a CNBC interview, Clean Energy Fuels<\/p>\n","protected":false},"author":3,"featured_media":129234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Clean Energy Fuels CEO says enthusiastic Reddit traders understand the company&#x27;s potential - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/clean-energy-fuels-ceo-says-enthusiastic-reddit-traders-understand-the-companys-potential\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clean Energy Fuels CEO says enthusiastic Reddit traders understand the company&#x27;s potential - 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