FuelCell Energy is trading 10.6% down at $19.22 as investors lock in gains following a significant multi-day rally in clean energy and hydrogen stocks.
- The decline is attributed to sector-wide profit-taking and a rotation out of alternative energy names rather than any new company-specific news or fundamental developments.
- The move gives back a portion of last week's sharp gains, which saw the stock climb amid broader volatility in the energy markets and rising crude prices.