Why Is FCEL Stock Plunging Hard Today?
FuelCell Energy reported a wider-than-expected quarterly loss of $1.45 per share and a 5% decline in revenue to $35.6 million. CEO Jason Few said on an earnings call with investors that FuelCell’s pipeline had increased to 4 gigawatts, representing growth of over 250% from the previous quarter. Others also noted that potential data center customers … Read more