Why Bloom Energy Stock Dropped Today Despite a Big Announcement

Bloom Energy (NYSE: BE) shares can't seem to get off the roller-coaster ride. After swinging wildly in trading yesterday, shares of the fuel cell specialist kicked off Thursday on a strong note, only to give up all of those gains just as swiftly. Bloom Energy popped 5% this morning but was trading down 3.5% as of 2:40 p.m. ET. That despite the company bagging a meaningful contract.

Bloom Energy announced an interesting deal Thursday: Its fuel cell energy servers will make their way into cruise ships.

Image source: Bloom Energy.

Source Fool.com