Why FuelCell Shares Jumped Today

Loading...
Loading...

FuelCell Energy Inc FCEL shares are trading higher by 13.5% at $11.34 Monday morning, potentially in anticipation of the clean energy manufacturing company's earnings report to be released Thursday.

FuelCell confirmed last week its second-quarter results will be revealed prior to market open on Thursday, June 10.

FuelCell Energy management will subsequently host a conference call with investors beginning at 10 a.m. ET to discuss the second quarter results for fiscal 2021.

FuelCell Energy designs, manufactures, sells, installs, operates and services fuel-cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions.

According to FuelCell, its systems are catered to meet the needs of customers across several industries, including utility companies, municipalities, universities, government entities and a variety of industrial and commercial enterprises.

Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasMoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...