Why Shares of Bloom Energy Bounced Higher This Week

Why Shares of Bloom Energy Bounced Higher This Week·Motley Fool
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Turning a cold shoulder to Bloom Energy (NYSE: BE), shareholders hadn't found much to celebrate through the first half of July as shares tumbled nearly 25%. As of the market's close on Thursday, shares of Bloom Energy are up 7.8% for the week. In addition to the company announcing two new projects, investors drove the fuel cell stock higher in response to Wall Street's favorable outlook on its prospects.

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