Why FuelCell Energy Stock Crashed Friday

Why FuelCell Energy Stock Crashed Friday

Shares of eponymous fuel cell company FuelCell Energy (NASDAQ: FCEL) dropped 9.6% in 12:30 p.m. EST trading Friday, en route to the stock's fourth straight day of declines this week. You can thank JPMorgan for this decline, though. Citing a 22% decline in its JPMorgan Renewables Index over the past month, the investment megabanker pointed out today that the entire alternative energy market seems to be in correction territory right now.