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Stock impact report

Here's Why Bloom Energy Fell 30.7% in November [The Motley Fool]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: The Motley Fool
The solid oxide fuel cell developer announced fourth-quarter 2018 guidance that disappointed Wall Street. Maxx Chatsko ( TMFBlacknGold ) Dec 8, 2018 at 5:35PM What happened Shares of Bloom Energy ( NYSE:BE ) fell over 30% last month, according to data from  S&P Global Market Intelligence . The energy solutions provider reported third-quarter 2018 operating results that showed year-over-year improvements in the number and capacity of systems deliver to customers, revenue, and gross margin.  The year-over-year comparison isn't quite apples to apples, however, as the business didn't benefit from the investment tax credit (ITC) for product sales in 2017. Since customers capture the ITC, its absence last year meant Bloom Energy was forced to reduce the selling price of its products to compensate. It had to sell products at a loss throughout 2017, whi Show less Read more
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