FuelCell Energy's shares fell 15% following the announcement that long-time CFO Michael Bishop is stepping down after more than 20 years. Matthew Latino, formerly senior VP of finance at Xylem, will take over as CFO in a planned succession. Bishop will remain as a senior advisor through the 2027 annual meeting. The company reaffirmed its goal to achieve positive adjusted EBITDA by Q4 fiscal 2027, depending on production increases, backlog conversions, delivery schedules, and cost reductions.
Following the news of CFO Michael Bishop stepping down, FuelCell Energy's shares dropped sharply, aligning with a 14.24% decline on Pluang as of Oct 08, 2026 00:01 WIB. On Pluang, FCEL trades at USD 17.71, well below its 52-week high of USD 36.01. The platform shows a strong sell sentiment with 94% of orders being sell orders, reflecting cautious investor behavior.
FuelCell Energy's stock fell 12% following the announcement that its CFO of 15 years, Michael Bishop, is stepping down and being replaced by Matthew Latino. This leadership change comes as the company aims to convert a large backlog of awarded but un...
FuelCell Energy's stock surged 11% following Fit Energy's announcement of a Pennsylvania data center project powered by FuelCell's natural gas fuel cells. The project confirms a location under an existing supply agreement but lacks details on order s...
Three hydrogen companies—Plug Power, Ballard Power Systems, and FuelCell Energy—are under scrutiny this October as they approach critical milestones that will determine their viability. Plug Power aims for positive EBITDAS by Q4 2026 but struggles wi...
