As of the time of publication, the stock has risen more than 28%, reaching $8.91.
According to the iFinTech APP, on Friday, fuel cell energy (FCEL.US) stock price rose, with the stock up more than 28% to $8.91 by the time of publication. On the news front, the fuel cell technology company announced a global restructuring plan, including cutting 17% of its workforce. The company stated that the plan aims to reduce operating costs by 15% and reallocate resources to focus on its core technology, and to "protect the company's competitive position in case clean energy investments fall below expectations."