Clean Energy Fuels (CLNE) is adding to Friday’s sharp loss this morning, taking out two key areas of support (50 and 200 day moving average) in the process after announcing a 6 million share stock offering subject to market conditions.  The company will use the proceeds for working capital and other corporate purposes.  Merrill Lynch & Co. is the sole book-running manager for the offering.  Lazard Capital Markets, Janney Montgomery Scott and Craig-Hallum Capital Group are acting as co-managers.

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