Clean Energy (CLNE)

"T. Boone Pickens, chose not to sell shares into the IPO."

Clean Energy Fuels Flat 1st Day Of Trade
Investors shied away from Clean Energy Fuels Corp.'s (CLNE) initial public offering on Friday after the stock priced below the anticipated range and selling shareholders, including energy investor T. Boone Pickens, chose not to sell shares into the IPO.

Clean Energy opened at $12 a share on the Nasdaq Stock Market, in line with its IPO price. The stock was recently trading at $12.04.

Clean Energy priced below the expected range of $13 to $17 a share following an auction conducted by WR Hambrecht & Co.

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