Shares of EV, charging and clean energy vehicle stocks, including FuelCell Energy Inc FCEL, are trading higher Wednesday morning. Strength is possibly related to US infrastructure optimism, as clean energy has been a focus of the Biden administration.
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.
FuelCell shares are trading higher by 4.2% at $7.04. FuelCell has a 52-week high of $29.44 and a 52-week low of $1.58.
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