Why Bloom Energy Stock Tumbled Today
Bloom Energy (NYSE: BE) has been one of the leading artificial intelligence (AI) stocks this year. Shares of the solid-oxide fuel cell system maker have rocketed 275% year to date. But the stock is retreating today after hitting an all-time high yesterday.
Bloom shares plunged as much as 13% in early trading, and were still down 5.2% as of 1:20 p.m. ET. That may be due to investors realizing Bloom Energy's solution to powering data centers isn't the only one coming.
Image source: The Motley Fool.
Source Fool.com
