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Markets · Investing · Business
Finance
Should You Buy the Bloom Energy Stock Dip?
With how high the Bloom stock price has climbed, it was due for a pullback.
Bloom Energy(NYSE: BE) stock has been on a blistering run this year, up over 198% as of June 9. Investors are excited that the on-site power generation company is starting to turn revenue into profits.
Over the week, however, Bloom shares have dipped more than 13%. While seemingly not based on any company-specific news, there is a reasonable potential explanation for the pullback.
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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.
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