Why Bloom Energy Stock Bounced Back 7% This Morning
I know it's bad form to say "I told you so" -- but facts are facts.
And I did tell you Monday after shares of Bloom Energy (NYSE: BE) tumbled in morning trading that they would probably bounce back today, after the CEO of rival Plug Power (NASDAQ: PLUG) got a chance to talk up the hydrogen economy on Mad Money last night. Color me unsurprised, therefore, to see that Bloom Energy shares soared 7% in early trading today, and as of 11:30 a.m. EDT are still up by 3%. The broader market as measured by the S&P 500 index, meanwhile, is essentially flat.
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Source Fool.com
