Reverse stock splits spell doom for two fuel alternative stocks, but benefit an Asian solar stock.
|Capstone Turbine is anguishing from an 80% loss in the past three months, suffering from a reverse stock split executed in November. A pre-release of second quarter earnings were particularly dismal. CPST stock is down fully 97% for the year to an all-time low.||Seeking Alpha|
|Integrated base-load fuel cell company FuelCell Energy initiates a 1:12 reverse stock split. FCEL stock drops 18% in one day, and is down 83% from its highs reached in March 2014.||Nasdaq Globe Newswire|
|Solar module manufacturer Hanwha Q Cells trades up 6% in two days, and shares are up 20% since its 1:10 ADR reverse stock split. Investors see Hanwha Q Cells as a solid momentum play with favorable earnings estimates. HQCL stock is up 136% from its low in August.||Zacks|
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