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Why FuelCell Energy Stock Popped 13% on Monday
FCELFuelCell Energy(FCEL) The Motley Fool·2024-06-10 15:50

It's only thanks to the magic of stock dilution that FuelCell's losses seemed to decline.FuelCell Energy (FCEL 17.36%) stock roared ahead 13% through 10:35 a.m. ET Monday after the renewable energy company beat analyst forecasts for the second quarter of 2024.Heading into the quarter, Wall Street expected FuelCell to lose 0.08pershareon0.08 per share on 21.4 million in sales. FuelCell did lose money, but only 0.07pershare.Itssalesof0.07 per share. Its sales of 22.4 million likewise exceeded expectations. FuelCell's Q2 earningsDespite inves ...