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

·2 min read
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.

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