Why Bloom Energy Stock Just Popped 9%
Shares of fuel cell company Bloom Energy (NYSE: BE) bounced hard off of yesterday's 5% decline and are already up more than 9% as the clock ticks toward 10 a.m. EDT. Curiously, however, while there was an arguably good reason for investors to be selling Bloom stock yesterday (i.e., insiders selling their shares), today there is ... nothing.
There are crickets in Bloom Energy's news feeds this morning, but not a chirp of news, either good or bad. Analysts are similarly silent. For that matter, there doesn't seem to be anything much going on anywhere in the fuel cell space this morning, with no news on Plug Power, Ballard Power, or FuelCell Energy, either.
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Source Fool.com
