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Updated · MarketWatch · Apr 30FuelCell Energy stock falls 4.69% and underperforms market
7 articles · Updated · MarketWatch · Apr 30
- Shares closed at $13.00 on Thursday as the Nasdaq Composite rose 0.89% to 24,892.31 and the Dow gained 1.62% to 49,652.14.
- The stock finished 4.83% below its 52-week high of $13.66, reached a day earlier on 29 April.
- Trading volume reached 13.6 million shares, far above its 50-day average of 2.9 million, indicating unusually heavy investor activity.
With a booming pipeline but shrinking backlog, can FuelCell Energy's data center strategy deliver real profits? Is FuelCell Energy's pivot to AI data centers a visionary move or a speculative bubble about to burst?