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Why FuelCell Stock Just Crashed 15%

TheMotleyFool

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Shares of eponymous fuel cell stock FuelCell Energy (NASDAQ: FCEL) crashed after the Q4 earnings report this morning and are down 15.2% as of 10:25 a.m. ET.

Analysts had forecast that FuelCell would lose $0.04 per share in its fiscal fourth quarter on sales of $21.9 million, but FuelCell missed on both the bottom and top lines. Its $0.07-per-share loss was nearly twice as bad as feared, while its $13.9 million in quarterly sales missed the revenue mark by nearly $8 million.

Image source: Getty Images.

Source Fool.com

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