Babcock & Wilcox Enterprises shares fall 7.58% in premarket due to market reaction to clean energy investments and technology innovations.

Babcock & Wilcox Enterprises, Inc. plunged 7.58% in premarket trading, following the company's investments and technological innovations in the clean energy sector, particularly its ClimateBrightTM product series, which positions it as a leader in hydrogen production and decarbonization technologies, meeting the growing market demand. The company has a broad installation base for steam power generation equipment and related auxiliary equipment globally, covering multiple end markets and providing stable cash flow to support new clean energy projects.