Why Bloom Energy Stock Jumped 20% After Earnings
Bloom Energy could be about to turn profitable.Fuel cell manufacturer Bloom Energy (BE 21.13%) soared 20.4% through 11:50 a.m. ET Friday, which is kind of strange... because last night Bloom Energy reported its Q3 earnings -- and it missed pretty badly.Heading into the report, analysts forecast Bloom Energy would earn 382.2 million. In fact, Bloom's Q3 sales were only 0.01 per share pro forma, and $0.06 per sh ...