Fluence Energy (FLNC) shares were down 3.9% in recent trading on Thursday after Jefferies downgraded its rating to underperform from hold.
The firm has a $3 price target on Fluence's stock.
Trading volume stood at over 5.5 million shares against a daily average of about 5.4 million.
Price: 5.24, Change: -0.21, Percent Change: -3.85