FuelCell Energy rally pauses on Wall Street
FuelCell Energy shares fell 2.44% to $24.40 Tuesday, underperforming the Nasdaq, ahead of fiscal Q2 earnings due June 8. The company reported January-quarter revenue up 61% to $30.5 million, but costs exceeded sales, resulting in a $5.9 million gross loss and a net loss of $23.7 million. FuelCell added John Livingston to its board May 19 as it targets AI data center power demand. Competitors Bloom Energy and Nebius announced a 328 MW deal.