Bloom Energy (BE) Moves 7.8% Higher: Will This Strength Last?
Bloom Energy (BE) shares ended the last trading session 7.8% higher at $23.92. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 20.1% gain over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. Bloom Energy ...