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FuelCell shares Popped 30% in morning trading

Tiger Newspress2021-09-14

FuelCell shares Popped 30% in morning trading on topping results forecasts.

FuelCell reported a rare narrower-than-expected fiscal third-quarter net loss, helped by higher gross margin, and revenue that rose above forecasts. The net loss narrowed to $12.8 million, or 4 cents a share, from $16.1 million, or 7 cents a share, in the same period a year ago. That beat the FactSet consensus for per-share losses of 5 cents, to snap a seven-quarter streak of wider-than-expected losses. Revenue rose 43.2% to $26.8 million from $18.7 million, above the FactSet consensus of $21.1 million, boosted by a $7.2 million increase in service agreements and license revenue. Gross margin improved to positive 4.1% from negative 16.7%. The stock has tumbled 49.7% year to date through Monday, while the S&P 500 has gained 19.0%.

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Comment14

  • 2021koon
    ·2021-09-15
    Maybe rotational play
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  • moliya
    ·2021-09-15
    What reason this stock raise 30% all of audden?What could be the reason?
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    • 2021koon
      may be rotational play
      2021-09-15
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  • whalesun
    ·2021-09-14
    Ok
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    • Ahgirl7488
      Please give me a light
      2021-09-15
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  • CIG
    ·2021-09-14
    I bought at 9+, may wait and see whether it can recover.
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    • moliyaReplying toCIG
      thanks
      2021-09-20
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    • CIG
      I hope so, but who knows? I may set stop loss if it looks tire to move up.
      2021-09-15
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    • moliya
      Sorry to ask this question!. will it come back t o 9+++
      2021-09-15
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  • Alfred1007
    ·2021-09-14
    Wow...amazing uptrend
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    • sunshine138
      Cannot hold the climb! Sad
      2021-09-14
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  • happydylan
    ·2021-09-14
    Oh
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    • Bobopo
      Yes
      2021-09-14
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  • miyakos
    ·2021-09-14
    Latest
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  • ragdoll99
    ·2021-09-14
    Niceq
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  • Pluto891
    ·2021-09-14
    new trend
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    • Kave
      [开心] [开心]
      2021-09-14
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  • AppleMango
    ·2021-09-14
    Pls like n comments 
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  • Bluesky13
    ·2021-09-14
    Up it goes. 
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    • larkygal
      remark
      2021-09-14
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  • BibiLoh
    ·2021-09-14
    Nice
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  • Dickson8614
    ·2021-09-14
    Awesome
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    • BibiLoh
      Ok
      2021-09-14
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  • carroll
    ·2021-09-14
    Great! 
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    • carroll
      How muxh unit you have
      2021-09-14
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