Hydrogen stocks have been some of the worst-performing stocks this year. FuelCell Energy (FCEL) is one such hydrogen stock that has had a rough 2021. After spiking to nearly $30 per share in early February, shares of FCEL stock have sunk under $6. Indeed, it appears FuelCell Energy has lost the luster it once held. This company's focus on designing, manufacturing, and operating fuel cell power plants that work on biogas, or natural gas, has previously been a huge catalyst. However, green energy plays, particularly hydrogen-focused ones, are being pushed aside of late. I'm bearish on the stock.
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FuelCell Energy (NASDAQ:FCEL)
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FuelCell Energy (NASDAQ:FCEL)
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From Oct 2020 to Oct 2021 Click Here for more FuelCell Energy Charts.