Ceres Power is trading 10.5% up today at £388.22 in a sharp technical rebound as investors reassess the company's funding position following a period of significant weakness.
- The stock is stabilizing after a heavy selloff triggered by a £103m dilutive capital raise and broader downward pressure on speculative clean-energy names.
- Market participants suggest the move is primarily technical in nature, with the share price finding support as growth prospects are re-evaluated in the absence of new fundamental news.