Tag Archives: bldp

FuelCell Extends Rally Early But Citron Unplugs Peers

Fuel cell companies got an early lift Tuesday from FuelCell Energy (FCEL), but a short-seller’s report on Plug Power (PLUG) sent that stock and peer Ballard Power Systems (BLDP) down sharply in afternoon trading. Fuel cells, long touted as a way to store energy, haven’t been commercially viable. Companies in the field enjoyed little revenue and ongoing losses. But that may be changing, raising interest in related stocks. FuelCell’s products use