Why FuelCell Shares Are Rising

Shares of clean energy and EV charging companies, including FuelCell Energy Inc FCEL are trading higher following the recent Rivian IPO as well as recent House passage of a US infrastructure bill, which contains $7.5 billion of funding to create a nationwide network of EV charging stations.

Investors also weighed US President Biden's recent speech at the COP26 climate summit, in which he addressed climate change goals. 

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FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates and services fuel cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions.

FuelCell has a 52-week high of $29.44 and a 52-week low of $2.40.