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Why Shares of FuelCell Energy Plunged 33% in April


Author Bio
A member of The Motley Fool since 2006, Scott began contributing content in 2013. His focus includes renewable energy, gold, and water utilities. Follow him on Twitter. . .
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What happened
While frosty temperatures nipped at their noses, hydrogen-minded investors warmed up to
FuelCell Energy (NASDAQ:FCEL) last winter. The stock climbed 86% in January and hit a 52-week high in mid-February. Since then, however, fuel cell-focused investors have turned a cold shoulder to the stock. It ended up sinking 18% in February and then another 15% in March. The slide, moreover, continued in April as shares of FuelCell Energy plummeted 33%, according to data provided by S&P Global Market Intelligence. ....

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