FuelCell Energy Drops 10%, Bloom Energy Slides 8%, Plug Power Falls 5% Despite Positive News as Profit-Taking Hits Fuel Cell Stocks

FuelCell Energy (FCEL) shares are down 10% to $26.89 in midday trading, dragging the broader hydrogen and fuel cell peer group lower as well. The move appears primarily sentiment/flow-driven given no specific fundamentals or catalysts are cited in the article.

Analysis

FuelCell Energy (FCEL) shares are down 10% to $26.89 in midday trading, dragging the broader hydrogen and fuel cell peer group lower as well. The move appears primarily sentiment/flow-driven given no specific fundamentals or catalysts are cited in the article.