Why Bloom Energy Stock Plunged Over 10% Today
Shares of Bloom Energy (NYSE: BE) plunged on Wednesday and were trading 10% lower as of 1:30 p.m. ET.
With the hydrogen stock surging a jaw-dropping 990% in one year after accounting for today's sell-off, it had become extremely stretched on valuations and looked ripe for a correction.
Today, though, a wild drama unfolded, sending Bloom Energy stock tanking.
Source Fool.com
