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-0.00108687409953743 -0.00186537926850842 -0.000328589844046157 0.000935217248439174 0.0112984354068196 -0.0139777064428885 -0.0336930970856608 -0.00765867098046147
Stock impact report

Bloom Energy Shares Surge on AEP Deal for Data Center Fuel Cells [Yahoo! Finance Canada]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
(Bloomberg) -- Bloom Energy Corp. shares soared the most ever in intraday trading Friday after American Electric Power Co. said it would use the company's fuel cells to supply data centers. Most Read from Bloomberg AEP said in a release Thursday that the Bloom fuel cells would provide a quick solution to add power as the utility industry struggles to meet rising electricity demand. Bloom shares were up 49% to $19.74 at 10:13 a.m. in New York, after initially surging as much as 69%. “This is a significant win for Bloom as it opens the way for additional large, utility-level agreements,” analysts from Susquehanna Financial Group said in a note Friday. “This order provides a proof point for Bloom's fuel cells as a viable option for powering data centers, particularly as the grid remains power constrained while load growth demand accelerates.” AEP has agreed to use up to 1 gigawatt of Bloom's fuel cells, which generate power through an electrochemical reaction rather than combust Show less Read more
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