Why Bloom Energy Stock Sank on Monday
Shares of Bloom Energy (NYSE: BE) took a big hit on Monday, tanking 12% as of 2:30 p.m. ET.
There's no company-specific news, but with investors pulling out of high-valuation growth stocks to seek safety from geopolitical turmoil, the sell-off in the hydrogen stock has intensified. One analyst sees further in Bloom Energy shares, especially after the stock's massive rally in one year -- it's still up nearly 480% in one year, as of this writing.
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Source Fool.com
