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wn.com - 1 days ago

Bloom Energy stock: 3 big reasons to sell it on the post-earnings surge

Bloom Energy (NYSE: BE) soared nearly 25% on Wednesday after posting a blowout third-quarter and raising its full-year guidance on the ever-increasing AI-related power demand. Part of this rally is attributed to the company’s $5.0 billion artificial intelligence infrastructure deal with Brookfield Asset Management in mid-October as well. However, there still are three major reasons to sell Bloom Energy stock following its post-earnings surge. Note that the power company is now trading at nearly 9x its price in late April.Insiders are selling Bloom Energy stock –...


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