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Stock impact report

Why Bloom Energy Stock Just Crashed [Yahoo! Finance]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The reason: Valuation. 10 stocks we like better than Bloom Energy › Bloom Energy (NYSE: BE) stock, which makes hydrogen fuel cells for powering artificial intelligence data centers (among other uses) tumbled 20.2% through 2:22 p.m. ET on Thursday -- for no obvious reason. Investors are understandably nervous about that, so let's see if we can explain what's going on. Image source: Getty Images. What's going on with Bloom Energy stock Bloom Energy reported Q3 earnings last month, and the news wasn't half bad. Revenue rose 57% year over year, gross margins popped more than 5 full percentage points, and Bloom reported an operating profit. It was actually good news all around. Unfortunately, it wasn't quite as good as investors seemed to think it was, and they predictably overreacted and bid up Bloom stock more than 51% over the course of just a week or two. The problem is, this overreaction left Bloom stock looking horribly overvalued, and it's been selling off in dribs Show less Read more
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