Core Insights - Eos Energy Enterprises, Inc. (NASDAQ:EOSE) experienced a significant rally, increasing by 15.06% to close at $15.59, driven by investor bargain-hunting after previous declines [1][4] - The overall market sentiment was optimistic ahead of the Federal Reserve's final Open Market Committee meeting of the year, with expectations of a 25-basis point rate cut [2] - A looming deadline for 30% tax credits for clean energy customers is approaching, which is expected to boost sales as customers rush to complete installations by December 31 [2][3] Company Performance - In Q3, Eos Energy widened its net loss attributable to shareholders by 87% to $641.39 million, compared to $342.87 million in the same period last year, largely due to a $572.3 million non-cash impact from fair value adjustments [4]

We recently published 10 Stocks Already Hurting in December. Eos Energy Enterprises, Inc. (NASDAQ:EOSE) is one of the top performers on Monday. Eos Energy fell by 9.69 percent on Monday to finish at $13.60 apiece as investors resorted to profit-taking following four straight days of rally, while unloading portfolios ahead of the looming deadline for residential clean energy tax credits. Similar to solar companies, Eos Energy Enterprises, Inc.’s (NASDAQ:EOSE) battery business is expected to take a beating ...