FuelCell Energy, Inc. (FCEL) Stock: Drops as Q3 Losses Deepen Despite $3.6 Billion Backlog

TLDR FCEL drops 11.59% as Q3 revenue falls 29% despite total backlog reaching $3.6B FuelCell Energy posts deeper Q3 losses while total backlog expands to $3.6B FCEL slides pre-market as gross loss widens sharply in fiscal third quarter FuelCell Energy adds major data center deals as quarterly revenue declines 29% FCEL targets manufacturing growth after [...]

The post FuelCell Energy, Inc. (FCEL) Stock: Drops as Q3 Losses Deepen Despite $3.6 Billion Backlog appeared first on Blockonomi.