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December 16, 2020
FuelCell Energy (NASDAQ:
FCEL) to be one of the hottest stocks on the market? I can’t say that I would have. FCEL stock has slumped precipitously over the past five years. A year ago, it hit penny stock status! 2020? FCEL has largely bounced around between the $2 and $3 level for most of the year. By mid-November, someone lit a fuse under this hydrogen fuel cell stock.
Source: Kaca Skokanova/Shutterstock
In a matter of two weeks, FCEL stock climbed by 298%. It’s given some of that back since peaking on Nov. 30. Currently around $8, shares are still up an impressive 219% so far in 2020.