FuelCell Energy Plunges 17%, Bloom Energy Sinks 14% Despite NTT Data Deal, Plug Power Drops 7%
Nov 5, 12:07 PM·
Medium Optimistic
Tickers
Summary
Fuel cell stocks are clawing back part of their post-election losses, with FuelCell Energy (FCEL) rising 6% to $9.49 in early trading. Plug Power gained 5% and Bloom Energy added 4% as the group rebounded. The bounce follows a sharp selloff in which FCEL fell 17% to $8.77, Bloom Energy sank 14% despite an NTT Data deal, and Plug Power dropped 7%.
Fuel cell stocks are clawing back part of their post-election losses, with FuelCell Energy (NASDAQ:FCEL) leading the bounce, according to 247wallst.com.
FuelCell Energy Leads Gains
FuelCell stock traded at $9.49 in early trading, up 6%.
Sector-Wide Rebound
The recovery extended across the group:
- Plug Power rose 5%.
- Bloom Energy gained 4%.
Prior Selloff
The rebound follows a sharp selloff in the sector:
- FuelCell Energy fell 17% to $8.77.
- Bloom Energy sank 14% despite an NTT Data deal.
- Plug Power dropped 7%.