Why Bloom Energy Stock Dropped Today
SpaceX is planning to IPO, and this could be bad news for Bloom Energy (NYSE: BE) stock. Shares of the fuel cell stock, which also produces hydrogen for use as fuel cell-fuel, sank 8.5% through 1:25 p.m. ET Friday.
They may have even farther to fall if this news pans out.
Image source: Bloom Energy.
Source Fool.com
