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Why Bloom Energy Stock Is Skyrocketing This Week


After it dipped nearly 4% lower last week, shares of fuel cell specialist Bloom Energy (NYSE: BE) reversed their downward trajectory and shot into the stratosphere this week. In addition to news that the company would help support the artificial intelligence (AI) industry, two analysts' increasingly bullish outlook on Bloom Energy stock provided Main Street investors with more reasons to bid Bloom stock higher.

According to data provided by S&P Global Market Intelligence, shares of Bloom Energy had soared 32.5% from the end of trading last Friday through the close of Thursday's trading session.

Image source: Getty Images.

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Source Fool.com

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