🔴 Bloom Energy Short ETF (BEZ) is trading 5% down in pre-market as Bloom Energy rebounds

BEZ is trading at $5.51 (-4.99%) as Bloom Energy rebounded modestly overnight after Monday’s sharp pullback.

• Bloom shares had been weighed down by profit-taking after a steep run and concerns about Oracle’s Project Jupiter timing.
• Broader risk sentiment is cautious amid elevated Treasury yields and oil prices; mixed futures offer little broad-market direction.
• BEZ targets -200% of Bloom Energy’s daily performance, so movement in BE is its direct driver.