Feed Symbols: FCEL

Shares of several companies in the broader industrials sector, including FuelCell Energy Inc (NASDAQ: FCEL), are trading higher in sympathy with the overall market as stocks rise on optimism Congress will near a deal that would prevent a government shutdown.

FuelCell Energy Inc (NASDAQ: FCEL) shares are trading lower amid a rise in bond yields, which has weighed on growth stock valuations.

FuelCell Energy Inc (NASDAQ: FCEL) shares are trading higher by 9.4% at $7.63 after California Governor Gavin Newsom signed Senate Bill 155, which includes a two-year extension of the Fuel Cell Net Energy Metering program, known as Fuel Cell NEM.

FuelCell Energy Inc (NASDAQ: FCEL) shares are trading higher by 6.8% at $7.12. Strength could be in sympathy with Plug Power after Piper Sandler analyst Pearce Hammond upgraded Plug Power from Neutral to Overweight and announced a $33 price target.