FuelCell stock dives after split

Shares of FuelCell Energy dropped 18 percent Thursday morning after the company undertook a 12-to-one reverse split of its shares in an effort to regain compliance with the Nasdaq National Market’s minimum $1 threshold. FuelCell has its headquarters in Danbury and a manufacturing plant in Torrington, with its power plants producing electricity through a chemical process. FuelCell shares had closed Wednesday at 20 cents, with the issue trading at $2 on Thursday morning.