Fluence Energy Stock Explodes 40% on Record $5.6B Backlog and Major Hyperscaler Wins Despite Q2 Revenue Miss
ARLINGTON, Va.
ARLINGTON, Va., Fluence Energy Inc.
shares skyrocketed nearly 40% on Thursday, closing at $18.97 after surging as high as $20.29 intraday, as investors cheered the energy storage company's record order backlog and new deals with hyperscale data center operators even after a significant revenue miss in its fiscal second-quarter results. Fluence Energy Stock Explodes 40% on Record $5.6B Backlog and Major Hyperscaler Wins Despite Q2 Revenue Miss The battery storage and software specialist added more than $5.40 per share in market value, with volume exceeding 45 million shares, far above the daily average.
Original reporting: Ibtimes.com.au.
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