FuelCell Energy shares fall on management changes and reaffirmation of Q4 2027 target
FCEL Fuelcell Energy Inc
$18.36 -11.07%
View chart & analysis → - 1FuelCell Energy has appointed Matthew Latino as Executive Vice President, Chief Financial Officer, and Treasurer.
- 2FuelCell Energy shares fell 14.5% as of 1:39 p.m. ET.
- 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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