Bloom Energy is trading 10.8% down at $193.87 as traders digest recent short-seller allegations and questions regarding its rich valuation following a sharp multi-month rally.
- The stock faces significant pressure from a Hunterbrook short report raising questions about the company's scandium supply chain.
- Investors are engaging in profit-taking ahead of the July 28 earnings report, following a period of high volatility fueled by a massive AI-related Brookfield financing deal.