FuelCell Energy, Inc. (FCEL) News
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Latest FCEL News From Around the Web
Below are the latest news stories about Fuelcell Energy Inc that investors may wish to consider to help them evaluate FCEL as an investment opportunity.
Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) powered higher in Friday trading, ultimately closing the day up 5%. After all, Marketwatch headlined this morning with a story on how CEO Andrew Marsh just made more than $36 million buying Plug Power stock for about 1/25th of its market value by exercising stock options -- then turned around and sold those shares the very same day. Investors didn't follow the CEO's example, however, and one reason may be the earnings that rival FuelCell Energy (NASDAQ: FCEL) reported before the bell Thursday.
FuelCell Energy's (FCEL) fiscal fourth-quarter loss is wider than the Zacks Consensus Estimate. Nonetheless, total revenues beat the same.
FuelCell Energy, Inc. (FCEL) Q4 2020 Earnings Conference Call January 21, 2021 11:00 AM ET Company Participants Tom Gelston - SVP, Finance and Investor Relations Jason Few - President and Chief Executive Officer Mike Bishop - Executive Vice President, Chief Financial Officer and Treasurer Mike Lisowski - EVP and Chief...
FuelCell Energy reported mixed results Thursday but was bullish on the new U.S. president's renewable energy policies.
Jim Cramer discusses the latest stock market news including Amazon's plan to help with vaccines, FuelCell's earnings and markets on Thursday.
FuelCell Energy (FCEL) shares moved higher as Biden's pro-environmental agenda offset lower-than-expected fourth quarter results.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) hit an all-time high on Wednesday, and the popular stock market index did its best to gain ground on Thursday morning. Extending its push into record territory, the Nasdaq was up about 0.2% by 10 a.m. EST. Two popular stocks, FuelCell Energy (NASDAQ: FCEL) and United Airlines Holdings (NASDAQ: UAL), just reported their latest financial results, and both left their shareholders wanting for more.
FuelCell Energy turned higher Thursday even after the fuel cell power equipment maker reported a wider-than-expected loss in the fourth quarter. Plug recently traded at $59.36, down 5.02%, and has taken off 284% over the three months through Wednesday.
FuelCell Energy Inc (NASDAQ: FCEL) shares opened Thursday's session sharply lower following the release of its fourth-quarter results before mounting a recovery. Sympathy moves were seen in most alternative energy stocks, including Plug Power Inc (NASDAQ: PLUG), Bloom Energy Corp (NYSE: BE) and Ballard Power Systems Inc (NASDAQ: BLDP).What Happened: FuelCell reported Thursday ahead of the market open with fourth-quarter revenue of $16.99 million, up 54% year-over-year. Service and license revenue climbed 623% to $5.4 million and advanced technology contract revenues rose 48% to $6.4 million, while generation revenue slid 6% to $5.1 million. Notwithstanding the strong growth, revenue missed the consensus estimate of $17.05 million.The backlog as of Oct. 31 stood at $1.29 million, down...
Stocks moving in premarket trading on Thursday include FuelCell Energy, United Airlines, Boston Scientific and Baker Hughes.