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Updated · MarketWatch · May 8FuelCell Energy stock jumps 11.56%
14 articles · Updated · MarketWatch · May 8
- Shares closed at $13.70 on Friday, with trading volume reaching 9.5 million, well above the 50-day average of 3.9 million.
- The gain ended a two-day losing streak and came during a broadly strong US market session, as the Nasdaq Composite rose 1.71% and the Dow added 0.02%.
- Even after the rally, FuelCell Energy finished 4.20% below its 52-week high of $14.30, set on 1 May.
With a huge data center pipeline but no contracts, is FuelCell Energy's stock surge just a speculative bubble fueled by AI hype? Is the data center power crunch forcing a permanent shift away from traditional grids towards decentralized energy solutions?