FuelCell Energy Stock Slides After Hours: Here's Why
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FuelCell Energy Inc (FCEL) shares fell 2.70% on Tuesday and an additional 5.54% in after-hours trading, following the company's announcement of an amended common stock offering to increase the amount to $200 million. The sales agents include Jefferies and Barclays, while JPMorgan has been removed from the agreement. FuelCell reported total unrestricted cash of $278.1 million at the end of fiscal 2025. The stock is currently trading 9.1% below its 20-day SMA but 4.4% above its 100-day SMA, indicating short-term weakness with longer-term support.
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