RBC downgrades McPhy due to CEO exit and funding concerns, stock fell 10%

From Investing.com: 2025-04-08 02:23:00

RBC has downgraded McPhy to “underperform” following the abrupt departure of CEO and concerns about funding. The hydrogen fuel cell company’s stock fell by 10% after the announcement. RBC cited uncertainty about the company’s strategic direction and potential impact on future growth as reasons for the downgrade. Investors are advised to exercise caution.



Read more at Investing.com: RBC downgrades McPhy to “underperform” amid CEO exit, funding concerns