Why FuelCell Energy Stock Just Popped 12%
A funny thing happened on the way to midday trading in the stock market today. In the early morning, shares of Plug Power (NASDAQ: PLUG) got torpedoed by a big stock offering at a discounted price, while Bloom Energy (NYSE: BE) shares tripped over a (sort of) negative analyst report.
And with those two stocks hobbled, suddenly their rival FuelCell Energy (NASDAQ: FCEL) started to look like a more attractive alternative. By the time 11:20 a.m. EST had rolled around, FuelCell shares were up 11.8%.
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Source Fool.com
