Why Bloom Energy Shares Jumped 10.4% Before Falling Today
Shares of Bloom Energy (NYSE: BE) climbed another 10.4% in early trading Thursday, continuing a great week for the stock. But shares settled as the day went on and closed down 3.3%.
Why the pop and drop? The simple answer is that the euphoria and momentum that drove Bloom Energy's rise Wednesday faded today. Shares jumped on Wednesday on a very encouraging partnership with SK Engineering & Construction in South Korea.
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Source Fool.com
