FuelCell Energy plans a reverse stock split vote at a special shareholder meeting on Oct 31.

FuelCell Energy plans a special shareholder meeting on Oct 31 to vote on authorizing a reverse stock split. The company's stock has not closed above Nasdaq's $1 minimum-bid listing threshold since April. FCEL has previously enacted two reverse splits in 2019 and 2015. The proposal aims to amend the company's Certificate of Incorporation, with more details to be provided later.

August 20, 2024
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