Faisal Laljee

Fuel Tech: Watch Price Action As Earnings are Due Out This Morning

The stock did go down to $22 pre-market when the earnings came out yesterday, but the earnings call was optimistic and therefore, the stock recovered to $26 at market open. The company signed up 7 new power plants, of which, only 2 were reflected in these earnings. The remaining 5 will show up in their earnings for Q3 & Q4 and the China expansion has just gotten under way.