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. 

Image source: Getty Images.

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Source Fool.com