Shares of FuelCell Energy Inc. FCEL,
tumbled 16.55% to $ 18.46 on Thursday, on what turned out to be an all-round bad trading session for the stock market, with the NASDAQ Composite Index COMP,
down 0.72% to 13,865.36 and Dow Jones Industrial Average DJIA,
decreased by 0.38% to 31,493.34. This was the stock’s third consecutive day of losses. FuelCell Energy Inc. closed at $ 10.98 below its 52-week high of $ 29.44, which the company reached on Feb. 10.
The stock underperformed on Thursday compared to some of its competitors as JinkoSolar Holding Co. Ltd. ADR JKS,
fell 5.69% to $ 57.56 and CBAK Energy Technology Inc. CBAT,
decreased 4.83% to $ 7.89. The trade volume (46.9 million) remained 6.0 million below the 50-day average volume of 52.9 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.