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Stock impact report

Bloom Energy (BE) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
plans to partner with the company (Bloom Energy) to deploy Bloom's fuel cell technology at its manufacturing plants in Troy and Archbold, Ohio. Bloom Energy is expected to provide roughly 70% to 75% of the electricity needs at both facilities, significantly reducing Conagra's reliance on traditional power sources. For Bloom Energy, the deal marked a big step forward and showed more firms want clean power. The size of the project, paired with favorable investor sentiment, suggested that the partnership could materially improve Bloom Energy's revenue visibility and strengthen its positioning in the industrial energy market. The shares closed the day at $21.26, up 8.1% from previous close. Is now the time to buy Bloom Energy? Access our full analysis report here, it's free Bloom Energy's shares are extremely volatile and have had 62 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that wo Show less Read more
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