As of press release, the stock had risen more than 28% to $8.91
The Zhitong Finance App learned that on Friday, the stock price of Fuel Cell Energy (FCEL.US) rose. As of press release, the stock had risen more than 28% to $8.91. According to the news, the fuel cell technology company announced a global restructuring plan, which will cut employees by 17%. The company said the plan aims to reduce operating costs by 15%, reorient resources to focus on its core technology, and to “protect the company's competitive position when investments in clean energy fall short of expectations.”
