Why FuelCell Energy Stock Rocketed Higher Today
This fuel cell company just took a step toward replenishing its shrinking backlog.
Why FuelCell Energy Stock Rocketed Higher Today
Overview
Bouncing back from closing 10.5% lower yesterday compared to Monday's close, FuelCell Energy (NASDAQ: FCEL) stock is soaring today. The company announced a supply agreement with a developer of data center infrastructure this morning, motivating investors to power their portfolios with shares of the fuel cell specialist.
As of 10:40 a.m ET, shares of FuelCell Energy are up 6.4%, retreating from an earlier rise of 15.5%.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
