March comes in like that lion; CCI Index falls for week
Beam Global off 27.6%, Vale up 5%; Ballard Power set to report results Wednesday
SAN FRANCISCO (Callaway Climate Insights) — Climate index stocks were hammered in the first week of March amid market volatility tied to rising interest rates.
The CCI Climate Index fell 14.24 points, or 14.3% for the week, to 85.59, its lowest close of the year. Only two stocks in the index rose while 53 fell for the week.
Of the two gainers, Vale (VALE)…