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Why FuelCell Energy Stock Sold Off This Morning

·3 min read
Why FuelCell Energy Stock Sold Off This Morning
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Fuel cell industry bellwether Plug Power (NASDAQ: PLUG) issued a business update yesterday, giving investors a preview of what it expects to report when its official earnings come out next week. Today, shares of FuelCell Energy (NASDAQ: FCEL) stock are down 3% as of 9:40 a.m. EDT. As my colleague Scott Levine reported yesterday evening, Plug Power issued its update after close of trading Monday, and the news wasn't great.