Doosan Fuel Cell plunges after $270 mn contract termination - Hydrogen Central

Doosan Fuel Cell plunges after $270 mn contract termination - Hydrogen Central

Doosan Fuel Cell plunges after $270 mn contract termination South Korea’s Doosan Fuel Cell saw its shares plunge on Tuesday morning after the company announced the cancellation of a major supply deal worth nearly 400 billion won ($272 million). The stock was trading 2.44 percent lower at 13,570 won as of 10:52 a.m. on Tuesday. It opened 4.39 percent lower and, at one point, dropped by 5.46 percent to 13,150 won, its lowest price in a year. The d…