Why FuelCell Energy Stock Jumped 9% Today [Yahoo! Finance]
FuelCell Energy, Inc. (FCEL)
Last fuelcell energy, inc. earnings: 3/16 07:00 am
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Source: Yahoo! Finance
ET Tuesday on some curious news -- news that at first glance didn't seem to have much to do with FuelCell. Over in Turkey, bus manufacturer Karsan announced plans to launch a hydrogen fuel cell bus powered by Toyota (NYSE: TM) fuel cell modules in 2025. As H2 View reported this morning, the new bus will boast a driving range of 500 kilometers. What this means for FuelCell That's good news for Toyota, I guess. And tangentially, I suppose it's good news for FuelCell Energy as well -- on the theory that Toyota's increasing interest in hydrogen as a fuel source for vehicles helps to legitimize the fuel cell industry as a whole. But is there anything more to this story? There may be. Earlier this year, Toyota and FuelCell Energy jointly launched a "Tri-gen" production system in Long Beach, California, that will use FuelCell technology to produce electricity, water, and hydrogen. The partnership suggests there may be some technology sharing going on between FuelCell and Toyota. At
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FCEL
News
- FuelCell Energy, Inc. (NASDAQ: FCEL) had its price target lowered by analysts at Wells Fargo & Company from $30.00 to $5.00. They now have an "underweight" rating on the stock.MarketBeat
- FuelCell Energy, Inc. (NASDAQ: FCEL) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- FuelCell Energy Announces 1-For-30 Reverse Stock Split [Yahoo! Finance]Yahoo! Finance
- FuelCell Energy Announces 1-For-30 Reverse Stock SplitGlobeNewswire
- FuelCell Energy Secures Project Financing from Export-Import Bank for Fuel Cell Projects with Gyeonggi Green EnergyGlobeNewswire
FCEL
Earnings
- 9/5/24 - Beat
FCEL
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K
- 11/4/24 - Form SC
- FCEL's page on the SEC website