Bloom Energy's stock rocked as earnings miss, gloomy outlook prompts downgrades
Bloom Energy(BE) Market Watch·2024-02-16 12:47
Shares of Bloom Energy Corp. tumbled toward a four-year low on Friday, after the hydrogen and electricity generator’s disappointing earnings report and outlook prompted ratings downgrades by analysts.The separate announcement that Chief Financial Officer Greg Cameron was leaving the company, after four years in the role, was also seen by analysts as a reason to stop buying Bloom Energy’s stock.The stock BE, +2.22% tumbled 19.1% in premarket trading, to put it on track to open around the lowest closing price ...