FuelCell -14% after announcing public offering of undisclosed size

|About: FuelCell Energy, Inc. (FCEL)|By:, SA News Editor

FuelCell Energy (FCEL) -14% AH after announces a public offering of an undisclosed number of common shares; proceeds will be used toward project development, project finance, working capital support and general corporate purposes.

Also, FCEL says in an 8-K filing that it expects Q1 revenue of $39M-$44M, below $47M analyst consensus.