FuelCell’s stock doubles in 4 days on increasing volume

Shares of FuelCell Energy Inc. FCEL, +23.78% soared 27.4% in very active afternoon trading Wednesday, putting them on track to more-than double in four days, despite no news released by the company. With the stock rallying 11.3% on Friday, soaring 31.4% on Monday and climbing 10.0% on Tuesday, it has now rocketed 105.1% during its current win streak. That’s the best four-day run for the fuel cell technology and power generation company’s stock since it tripled (up 205.4%) during the four days ended Dec. 31, 2019.

Plug Power’s stock tumbles after upsized public stock offering prices at 11% discount

Shares of Plug Power Inc. PLUG, -8.08% tumbled 10.8% in premarket trading Tuesday, after the hydrogen fuel cell company’s upsized public offering of stock priced at a discount. After Plug’s stock closed Monday up 6.7% at a 12-year high of $25.00, the company said it launched a public offering of $750.0 million worth of its common stock, which at Monday’s closing price would represent about 30 million shares.

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