Bloom Energy Stock Tumbles 18% Ahead Of Thursday Earnings Report
Bloom Energy Corp (NYSE:BE) shares plunged on Wednesday, reversing course from its all-time high reached just a day earlier as investors brace for the company’s critical earnings report scheduled for Thursday.Sharp Reversal From All-Time HighThe clean energy company’s stock had surged 6.83% to $166.79 on Tuesday, marking an all-time high. However, Wednesday’s sharp decline reflects growing investor uncertainty about whether Bloom Energy can justify its premium valuation amid a challenging earnings outlook.K ...