FuelCell Energy pops as traders move in on AI-driven data center story
FuelCell Energy soared nearly 20% to $24.04 as investors bet its surging 4-gigawatt data-center power pipeline could turn into contracts, despite a 5% revenue drop, wider net loss, and shrinking backlog; analyst upgrades and sector-wide gains fueled the rally, but the company warns there’s no guarantee talks become deals.