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FuelCell Energy (FCEL) said Wednesday that chief financial officer Michael Bishop will step down and
FuelCell Energy's finance chief of 15 years is walking out the door just as the company stakes its future on a backlog conversion story that same team was supposed to deliver, and the market is already passing judgment.
The finance handoff at FuelCell Energy (NASDAQ:FCEL) drew a rougher verdict. It is drawing a far rougher market verdict than the rest of the fuel cell group, even with a reaffirmed profit target attached. FuelCell stock is down 12% to $18.13 in morning trading as the company names a new chief financial officer.…