On September 8, FuelCell rose 8.16% in regular trading, trading at $16.18/share, with turnover of $25.888 million.

The rebound follows a sharp sell-off earlier this month after the company reported fiscal Q3 results that missed expectations. FuelCell posted an adjusted loss of $0.64 per share versus the consensus estimate of $0.41, while revenue came in at $33.0 million, well below the $38.8 million forecast and down from $46.7 million a year earlier. The stock had plunged over 15% on September 2 in response.

However, investors appear to be refocusing on several positive developments disclosed alongside the earnings report. FuelCell signed its first data center power supply agreement, a milestone in its push into AI-related infrastructure. The company also reported a growing $1.3 billion backlog and noted its year-over-year loss narrowed meaningfully from $0.95 per share. Additionally, UBS had previously upgraded the stock to Buy with a $27 price target, citing upside from its Siemens collaboration and Fit Energy USA agreement.

Within the Electrical Components and Equipment sector, Eos Energy Enterprises rose 12.11%, Eaton rose 3.12%, nVent Electric rose 2.71%, Vertiv Holdings rose 2.70%, and Ametek rose 0.44%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)