FuelCell Energy Stock Is Sliding Thursday: What's Driving the Move?

FuelCell Energy Inc (NASDAQ: FCEL ) shares are diving on Thursday as traders take profits after a sharp run tied to recent data-center and financing headlines. FuelCell Energy stock is among today’s weakest performers. Why are FCEL shares down? What Fueled FuelCell Energy’s Recent Surge? The recent surge has been fueled by a June 24 strategic agreement with Fit Energy USA for up to 380 megawatts of on-site, clean baseload power for data centers, including an immediate deposit tied to an initial 30 MW scheduled to begin delivery later this year. A second boost came June 29, when the Export-Import Bank of the United States approved a $49 million, non-dilutive loan-guarantee financing package to support fuel cell equipment deliveries to South Korea, with about $22 million disbursed June 30 and a second tranche expected in October 2026. Critical Levels To Watch For FCEL Stock...