FuelCell Energy Inc. dropped Wednesday and underperformed the market

Shares of FuelCell Energy Inc. FCEL,
-7.10%
fell 7.10% to $ 22.12 Wednesday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.29%
increases 0.29% to 31,613.02 and the NASDAQ Composite Index COMP,
-0.58%
decreased by 0.58% to 13,965.49. This was the stock’s second consecutive day of losses. FuelCell Energy Inc. closed at $ 7.32 below its 52-week high ($ 29.44), which the company reached on Feb. 10.

The stock underperformed on Wednesday compared to some of its competitors as JinkoSolar Holding Co. Ltd. ADR JKS,
-4.45%
fell 4.45% to $ 61.03 and CBAK Energy Technology Inc. CBAT,
+ 0.12%
increased 0.12% to $ 8.29. Trade volume (24.8 million) remained 28.8 million below the 50-day average volume of 53.7 million.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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