FuelCell Energy is trading at $24.84 (10.2%) up in pre-market, rebounding after a sharp drop in the prior session following the pricing of its public offering.
- The company announced an upsized underwritten public offering of 10,714,286 shares priced at a discounted $21.00 per share.
- The offering targets approximately $225 million in gross proceeds and is expected to close on or about July 9, 2026.