Why Bloom Energy Stock Just Bounced 11%
Shares of fuel cell manufacturer Bloom Energy (NYSE: BE) suffered mightily in trading Thursday, closing the day down nearly 8% on concerns over an earnings restatement and a downgrade, related to that news, announced by KeyBanc.
Today, Bloom stock is enjoying a pretty sizable bounce back, with its shares climbing 10.9% through 11:45 a.m. EST on Friday.
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Source Fool.com
