Ceres Power Shares Near 1,000% Gain as Fuel Cell Rally Extends

The Ceres Power Ltd. Technology Innovation Centre in Horsham, UK.

Source: Ceres Power Ltd.

Ceres Power Holdings Plc extended a blistering rally this week, pushing one-year gains close to 1,000% as surging optimism around fuel cell technology drives the stock to multi-year highs.

Shares in the Horsham, West Sussex–based group have jumped 22%, set for a third consecutive week of double-digit gains, lifting its market value to about £1.2 billion ($1.6 billion).