Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Bloom Energy Stock Plunged Over 10% Today

TheMotleyFool 
0 0 10.06.26
Why Bloom Energy Stock Plunged Over 10% Today: https://g.foolcdn.com/editorial/images/873893/bloom-energy-logo-in-blue-and-silver-on-grey-metallic-server-be.jpg
 

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.

Continue reading


Source Fool.com

Like: 0
BE
Share

Comments

Not a member yet? Sign up for free!