Why FuelCell Energy and United Airlines Are Hurting the Nasdaq Thursday
The Nasdaq Composite (NASDAQINDEX: ^IXIC) hit an all-time high on Wednesday, and the popular stock market index did its best to gain ground on Thursday morning. Extending its push into record territory, the Nasdaq was up about 0.2% by 10 a.m. EST.
However, not every Nasdaq stock was able to join in the rally. Two popular stocks, FuelCell Energy (NASDAQ: FCEL) and United Airlines Holdings (NASDAQ: UAL), just reported their latest financial results, and both left their shareholders wanting for more. Below, we'll look more closely at what these two companies told investors and what it means for their future performance.
Shares of FuelCell Energy were down 3% on Thursday morning, falling further after a 7.5% drop on Wednesday. The hydrogen fuel cell technology specialist's share price had nearly doubled in the first two weeks of the year, but more recently, the stock's ascent has taken a pause.
Source Fool.com
