FuelCell Energy shares slide on CFO transition
FuelCell Energy (FCEL) announced a management shakeup while reaffirming a goal of positive adjusted EBITDA in Q4 fiscal 2027, drawing attention from retail investors amid a stock decline.
FuelCell Energy (FCEL) drew attention from retail investors on Wednesday after the renewable energy company said it was making a management change while reiterating its target of positive adjusted earnings before interest, tax, depreciation and amortization (EBITDA) in the fourth quarter of fiscal 2027. The company said it was also pursuing that goal amid the leadership transition.