Canaccord Genuity Maintains Hold on FuelCell Energy, Lowers Price Target to $5.5
Canaccord Genuity analyst Jed Dorsheimer maintains FuelCell Energy (NASDAQ:FCEL) with a Hold and lowers the price target from $7 to $5.5.
45 Biggest Movers From Yesterday
Gainers
Puxin Limited (NYSE: NEW) shares surged 80% to close at $0.54 on Wednesday after reporting results for the second quarter.
Mid-Afternoon Market Update: Dow Jumps 100 Points; Calix Shares Spike Higher
Toward the end of trading Wednesday, the Dow traded up 0.28% to 36,499.77 while the NASDAQ fell 0.10% to 15,766.70. The S&P also rose, gaining 0.13% to 4,792.54.
Chart Wars: Between Plug Power And FuelCell Energy, One Stock Appears Set To Go Higher In 2022
FuelCell Energy Inc (NASDAQ: FCEL) and Plug Power Inc (NASDAQ: PLUG) have plummeted about 82% and 62%, respectively, from their all-time highs reached in the first quarter of 2021, despite the SPDR S&P 500
Mid-Day Market Update: Puxin Jumps After Q2 Results; Applied UV Shares Slide
Midway through trading Wednesday, the Dow traded up 0.15% to 36,453.25 while the NASDAQ fell 0.43% to 15,714.03. The S&P also fell, dropping 0.03% to 4,784.87.
26 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Puxin Limited (NYSE: NEW) jumped 100.5% to $0.6016 after reporting results for the second quarter.
Mid-Morning Market Update: Markets Open Higher; US Goods Trade Deficit Widens To All-Time High
Following the market opening Wednesday, the Dow traded up 0.30% to 36,508.19 while the NASDAQ rose 0.09% to 15,796.27. The S&P also rose, gaining 0.25% to 4,798.34.
Why FuelCell Energy Shares Are Falling
FuelCell Energy Inc (NASDAQ: FCEL) is trading lower Wednesday morning after the company announced worse-than-expected fiscal fourth-quarter financial results.
