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FCELB - FuelCell Energy: A Speculative Pick That Ran Out Of Fuel
FuelCell Energy Inc Pfd Perp Ser B
2025-09-12 11:57:59 ET
Introduction
Back in June, I said FuelCell Energy (NASDAQ: FCEL ) was a financial disaster with only one reason for investors to be interested – a sufficient cash position to survive a couple of quarters and a possibility of a short squeeze. Back then, fundamentals were falling apart, really, with huge losses and collapsing revenue. At the same time, management was very vocal about the AI buzzwords, meme stocks began heating up again, and short interest dangerously surpassed 22%....