Why Bloom Energy Bounced 8% Today

Shares of fuel cell company Bloom Energy (NYSE: BE) got a lift Monday morning, shooting up 8.4% by 10 a.m. ET after Bank of America upgraded the stock to buy and helped to pull shares of peer fuel cell company Plug Energy higher as well.

The upgrade follows a Thursday-evening earnings report at Bloom that sent the shares up as much as 10% Friday.

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Source Fool.com