Warum fällt Fusion Fuel Green Ltd-Aktie (HTOO)?
Fusion Fuel Green Ltd Stock (HTOO) dropped by 8.61% from $0.6599 to $0.6053 in the trading on Tuesday November 07, 2023. The reason why HTOO stock down today is due to the Nasdaq deficiency notice. Fusion Fuel has received a deficiency notice from Nasdaq stating that the company's ordinary shares are not currently in compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Global Market. Fusion Fuel has 180 days to regain compliance, or until May 6, 2024.
Fusion Fuel Green Ltd Stock (HTOO) dropped by 5.02% from $2.19 to $2.08 in the trading on Thursday August 03, 2023. The reason why HTOO stock down today is due to long-term offtake contract. Fusion Fuel has secured a long-term green hydrogen offtake contract with a Spanish industrial group, further solidifying the development of its Toledo project. The contract stipulates the supply of 111.5 tonnes of green hydrogen per annum. The green hydrogen will be produced at Fusion Fuel's planned 2.5 MW green hydrogen project in Toledo, Spain, expected to commence development in 2024
Fusion Fuel Green Ltd Stock (HTOO) dropped by 2.99% from $3.68 to $3.57 in the trading on Monday June 05, 2023. The reason why HTOO stock down today is due to senior leadership changes:
- Frederico Figueira de Chaves, previously Co-Head and Chief Financial Officer, has been appointed Chief Executive Officer of the Fusion Fuel.
- Gavin Jones has been appointed interim Chief Financial Officer in addition to his existing responsibilities as Chief Accounting Officer.
- André Antunes, previously Chief Production Officer, has been promoted to Chief Operating Officer.