FuelCell stock drops to new low for the year after Wells Fargo analyst Satish’s bearish call
April 20, 2021 at 13:19 PM EDT
Shares of FuelCell Energy Inc. slumped toward a four-month low, after Wells Fargo analyst Praneeth Satish started coverage of the fuel cell technology company with the equivalent of a sell rating, citing relative concerns regarding commercialization and valuation.