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FuelCell Energy surges as AI-fueled rally hits again, analysts wary
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FuelCell Energy surges as AI-fueled rally hits again, analysts wary
FuelCell Energy shares surged 16.5% to $20.22 Wednesday, rebounding after a two-day selloff. The move tracked a 1.5% gain in the Nasdaq Composite and renewed interest in companies supplying power to AI data centers. FuelCell reported a $26.1 million quarterly loss and a declining backlog, despite higher revenue and new data-center proposals. Peers traded mixed, with Bloom Energy up and Plug Power down. The post FuelCell Energy surges as AI-fuele…
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