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FuelCell Energy shares fall on management changes and reaffirmation of Q4 2027 target

The Motley Fool +1 ·

FCEL
FCEL Fuelcell Energy Inc
$18.36 -11.07%
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  1. 1FuelCell Energy has appointed Matthew Latino as Executive Vice President, Chief Financial Officer, and Treasurer.
  2. 2FuelCell Energy shares fell 14.5% as of 1:39 p.m. ET.
  3. 3FuelCell Energy reaffirmed its goal to achieve adjusted EBITDA profitability in the fourth quarter of fiscal year 2027.

So what's the key point?

FuelCell Energy hired a new financial officer and restated its goal to reach profitability in the fourth quarter of 2027. However, the stock price dropped 14.5%.

Source The Motley Fool +1 · View original ↗

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