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Benzinga
Benzinga
Business
Melanie Schaffer

FuelCell Energy Charges Higher: Is The Stock About To Smoke Shorts?

FuelCell FCEL

FuelCell Energy, Inc (NASDAQ:FCEL) was shooting up over 14% higher on Monday in unison with the general markets, where the SPDR S&P 500 (NYSE:SPY) was up about 1%.

FuelCell has been beaten down hard since Feb. 10, 2021, when the stock hit an all-time high of $29.44, to trade at just above the $4 mark on Monday.

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