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FuelCell Energy Jumps More Than 10% After Wins New Deal and Reports Q1 Results

  • by MidnightTrader.com
    March 11, 2010 - 8:30 am EST
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08:30 AM Eastern Standard Time, 03/11/2010 (MidnightTrader) — FuelCell Energy (FCEL) said late Wednesday it won a $2.1 million contract for fuel cells to be incorporated into Air Products’ (APD) renewable hydrogen fueling station in California.

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  • Want to manage your risk better when trading APD?

Separately, the company said it lost $0.18 per share in Q1, which matched analysts’ estimates. Revenue of $14.6 million was worse than the $26.3 million consensus.

Price: 3.25, Change: +0.30 , Percent Change: +10.17

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