Why Investors Were Energized by FuelCell Energy Stock Today
FuelCell Energy(FCEL) The Motley Fool·2024-04-30 05:35
Investors were cheered by the company's signing of several new debt financing deals.The shares of FuelCell Energy (FCEL 6.75%) are going to have quite a week, if their performance on Monday is any indication. The company's stock zoomed nearly 7% higher on Monday thanks to a new financing deal. That rate easily bettered the 0.3% increase of the S&P 500 index that day.New funds incomingFuelCell announced that it has agreed to a deal in which two local lenders will provide debt financing for a pair of the comp ...