FuelCell Energy Stock Is Falling Today: What's Going On?

Shares of FuelCell Energy, Inc. (NASDAQ:FCEL) are trading lower Tuesday, potentially in response to Plug Power's (NASDAQ:PLUG) disappointing third-quarter financial report. Here’s what you need to know.

What To Know: Plug Power posted revenue of $173.73 million, below forecasts of $210.23 million. The company also reported a net loss of $211.2 million, or 25 cents per share, missing the consensus estimate for a loss of 24 cents per share, according to Benzinga Pro.

Plug Power also issued weak revenue guidance for 2024. The company said it expects 2024 revenue to be between $700 million and $800 million, versus analyst ...