Here's Why FuelCell Energy Stock Plunged More Than Its Peers in July

Here's Why FuelCell Energy Stock Plunged More Than Its Peers in July

Shares of FuelCell Energy (NASDAQ: FCEL) plunged 28.9% in July, according to data provided by S&P Global Market Intelligence. The fall was much higher than stocks of peers Bloom Energy or Plug Power, which fell roughly 19% and 20%, respectively. On July 12, FuelCell Energy announced it had received a court case win versus Posco Energy.