FuelCell Energy: Earnings Beat Sparks Investor Optimism

FuelCell Energy stock surged nearly 15% after Q3 earnings beat expectations, despite mixed results. Revenue nearly doubled, driven by a major service contract, and backlog hit $1.24 billion. While the stock remains volatile and down 44% YTD, investors are betting that strong earnings can fuel a turnaround in the competitive fuel cell market. Hosted on Acast. See acast.com/privacy for more information.