Should You Buy Bloom Energy Stock Before It Joins the S&P 500 on Sept. 21?
Index funds are about to become buyers, whether they like the price or not. Should you get there first?
Overview
Bloom Energy (NYSE:BE) is joining the S&P 500 (SNPINDEX:^GSPC). S&P Dow Jones Indices made it official earlier this month: The fuel cell maker enters the index before the market opens on Monday, Sept. 21.
The move caps an exceptional year for Bloom, whose systems generate electricity on-site for data centers and other major power users. Shares have roughly tripled in 2026 as of this writing, even after declining almost 7% on Monday as part of a broad sell-off in stocks linked to the artificial intelligence (AI) trade.
Details
They trade near $263, about 25% under the stock's 52-week high of $351.28.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.